Search results for: Sime Offshore

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  • 13 January 2015
    Business & Finance

    N-Sea – the Inspection, Maintenance and Repair (IMR) specialist – has confirmed the extension of its charter agreement with Siem Offshore, concerning its offshore subsea construction vessel, Siem N-Sea, previously Siem Stork.  The agreement has a duration of up to 6 years, having begun on January 1, 2015. The Siem N-Sea is a dive, multi-support and construction vessel, […]

  • 17 July 2011
    Business & Finance

    In Europe and Asia, Hertel’s offshore teams are breaking milestones in terms of safety performance. On 30th June, a total of 700 days without an LTI was passed. Peter van Aken, Managing Director of Hertel’s offshore business in The Netherlands commented “700 days ago, one of our colleagues hurt his ankle, which was our last […]

  • 22 October 2006

    Sime Darby Bhd has decided to sell its entire stake in a Singapore-based shipbuilder to focus more on its core businesses comprising plantation, heavy equipment, motor vehicle distribution and property. The group on Friday agreed to sell its 29.3 per cent stake in Jaya Holdings Ltd for S$301.1 million (S$1 = RM2.34) cash or S$1.35 […]

  • 25 February 2014
    Business & Finance

    A team from the Research Department of leading international classification society Bureau Veritas has won the prestigious 2013 CEMT Award in recognition of their research in the field of hydrodynamics. The award is presented by the Confederation of European Maritime Technology Societies for research which makes a significant and valuable contribution to the European maritime […]

  • 9 June 2016

    India’s Oil & Natural Gas Corporation (ONGC) has received a notice of arbitration from two contractors related to the B-193 process platform project, offshore India.  Swiber Holdings, an offshore construction services provider to the oil and gas industry, informed on Wednesday that a consortium between its subsidiary, Swiber Offshore Construction, and Sime Darby Engineering (SDE) started arbitration proceedings […]

  • 25 February 2014
    Business & Finance, Research & Development

    A team from the Research Department of leading international classification society Bureau Veritas has won the prestigious 2013 CEMT Award in recognition of their research in the field of hydrodynamics. The award is presented by the Confederation of European Maritime Technology Societies for research which makes a significant and valuable contribution to the European maritime […]

  • 25 February 2014
    Business & Finance, Equipment

    A team from the Research Department of Bureau Veritas has won the prestigious 2013 CEMT Award in recognition of their research in the field of hydrodynamics. The award is presented by the Confederation of European Maritime Technology Societies for research which makes a significant and valuable contribution to the European maritime industry. The winning team […]

  • 25 February 2014

    A team from the Research Department of leading international classification society Bureau Veritas has won the prestigious 2013 CEMT Award in recognition of their research in the field of hydrodynamics. The award is presented by the Confederation of European Maritime Technology Societies for research which makes a significant and valuable contribution to the European maritime […]

  • 14 September 2012

    BMT Nigel Gee, a subsidiary of the BMT Group, has announced its latest design, developed in partnership with Claydon Reeves. With her state-of-the-art Extreme Semi-SWATH (XSS) hullform, Oxygen redefines the explorer yacht genre, offering outstanding speed and seakeeping performance with the luxury and facilities of a true superyacht. Equipped for all manner of pursuits, Oxygen’s […]

  • 14 September 2012
    Business & Finance

    BMT Nigel Gee, a subsidiary of the BMT Group, has announced its latest design, developed in partnership with Claydon Reeves. With her state-of-the-art Extreme Semi-SWATH (XSS) hullform, Oxygen redefines the explorer yacht genre, offering outstanding speed and seakeeping performance with the luxury and facilities of a true superyacht. Equipped for all manner of pursuits, Oxygen’s […]

  • 3 August 2012

    Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) announced its financial results for the period of six months ended 30 June 2012. The Group achieved revenue of RM1,631 million with profit before tax of RM147 million. During the period under review, MHB completed and delivered two projects. The first was the timely completion and successful […]

  • 20 December 2011
    Business & Finance

    Siem Offshore has entered into an agreement for the sale of the mid-size PSV “Siem Danis” at a price of USD 34 million. The delivery is scheduled for first quarter 2012. The sale will represent a gain of approximately USD 14 Million. The sales proceeds will be used to repay debt of approximately USD 20 […]

  • 1 April 2015

    Marine South East (MSE) and Sustainable Marine Energy (SME) have concluded the ‘SAMED’ project to develop a novel low cost screw-in subsea anchor technology. SAMED was conceived by Marine South East as a means of reducing significantly the high cost of installing offshore and marine renewable energy devices. Screw piles have for many years been […]

  • 20 December 2011
    Business & Finance

    Siem Offshore, an international supply and subsea shipping company with main offices in Kristiansand, Norway has entered into an agreement for the sale of the mid-size PSV “Siem Danis” at a price of USD 34 million to an undisclosed buyer. The vessel is a Platform Supply Vessel designed to carry out regular supply functions and […]

  • 24 February 2011
    Business & Finance

      Siem Offshore As has agreed to acquire a large-size PSV of VS 485-design. The investment will be done through the 51% owned subsidiary Siem Meling Offshore DA at a price of NOK 345 million (USD 61.3 million) . The vessel will be partly financed by a debt facility of NOK 262 million. The vessel […]

  • 23 October 2018
    Business & Finance

     Siem Offshore has been awarded a contract for its offshore subsea construction vessel (SCV), Siem Barracuda. 

  • 2 February 2016

    Siem Offshore, a Norwegian shipping company, has terminated a charter agreement for its multi-purpose field & ROV support vessel (MRSV) Siem Marlin.  According to the shipping company, the charter party between Siem Offshore and Marine Engineering Diving Services (MEDS) dated May 13, 2015 has been terminated due to non-fulfillment of charterers’ obligations. Siem Marlin, built in […]

  • 20 November 2017
    Business & Finance

    Siem Offshore is in talks with a potential buyer of Siem Offshore Contractors (SOC), as the parent company is considering strategic alternatives for its cable lay business amid preparation for an extended downturn in the offshore supply market.

  • 20 May 2015
    Business & Finance

    The Norwegian offshore and subsea shipping specialist, Siem Offshore, has released first quarter results showing operating revenues at USD 126 million, an increase of 33,5 per cent year on year. However, the company reported a net loss of USD 25.6 million compared to net profit of USD 17.9 million the same period last year mostly […]

  • 10 July 2020
    Vessels

    Siem Offshore’s vessel Siem Barracuda has been demobilised from the Merkur offshore wind farm and left the project on 8 July. The Offshore Subsea Construction Vessel (OSCV) has been in service at the German offshore wind farm for almost two years, under a contract with GE Renewable Energy. The equipment fitted onto the vessel for […]

  • 28 May 2020
    Business & Finance, Business developments & projects, Vessels

    Siem Offshore has found a way to improve its cash flow and liquidity to be able to operate in a challenging offshore market.

  • 8 March 2019
    Business & Finance

    Norwegian  subsea shipping company Siem Offshore has been awarded a long-term contract for its Siem Spearfish vessel.