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Home›Green Marine›Siem Offshore Enters $80 Million Charter Contract With Veolia
Green Marine

September 21, 2006 · about 20 years ago

Siem Offshore Enters $80 Million Charter Contract With Veolia

Norwegian offshore services company Siem Offshore Inc. (SIOFF.OS) Thursday said it has signed a five-year charter contract worth $80 million with Veolia Environment Inc. (VE) for its multipurpose Field & ROV support vessel. Veolia Environment has an option to purchase the vessel at the end of the fi

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Norwegian offshore services company Siem Offshore Inc. (SIOFF.OS) Thursday said it has signed a five-year charter contract worth $80 million with Veolia Environment Inc. (VE) for its multipurpose Field & ROV support vessel. Veolia Environment has an option to purchase the vessel at the end of the five years firm charter at a price of approximately $50 million. The vessel is under construction at the Kleven yard and is scheduled for delivery in June 2007.

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