Search results for: siem-offshore

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  • 19 March 2015
    Business & Finance

    Siem Offshore Inc. has decided to streamline its business by forming one dedicated organisation for its core offshore vessel business named “Siem Offshore OSV”. According to Siem Offshore, the remaining business consisting of Siem Offshore Contractors, Joides Resolution, Siem Wis, the combat management business in Brazil and certain property investments will be organisationally separated and […]

  • 19 March 2015
    Business & Finance, Operations & Maintenance

    Siem Offshore Inc. has decided to streamline its business by forming one dedicated organisation for its core offshore vessel business named “Siem Offshore OSV”. The remaining business consisting of Siem Offshore Contractors, Joides Resolution, Siem Wis, the combat management business in Brazil and certain property investments will be organisationally separated and operated under the name […]

  • 12 February 2014
    Business & Finance

    Siem Offshore Inc. has entered into agreements with Helix Energy Solutions Group, Inc. to provide two well-intervention vessels. The two vessels shall be owned by Siem Offshore and chartered by Helix for an initial period of 7 years, with options that can extend the charter periods up to 22 years. The terms for the two […]

  • 12 February 2014
    Business & Finance

    Siem Offshore Inc. will provide Helix Energy Solutions Group, Inc. with two well-intervention vessels. The two vessels will be owned by Siem Offshore and chartered by Helix for an initial period of 7 years, with options that can extend the charter periods up to 22 years. The terms for the two contracts are confidential between […]

  • 19 August 2016

    Siem Offshore, a Norwegian offshore vessel provider, has received approvals from banks for a restructuring plan. The company said the new financial platform would position the company for the expected challenging market in the coming years. According to Siem Offshore, the approvals include a three-year extension of the final bullet payments of all mortgage debt […]

  • 1 March 2018
    Business & Finance

    UK engineering, construction and services company Subsea 7 has signed an agreement to acquire Siem Offshore Contractors and two vessels, subject to competition clearance in Germany. 

  • 30 September 2009

    Siem Offshore has taken delivery of the first AHTS vessel “Siem Pearl” from the Norwegian yard. The vessel is the first of eight similar vessels to be delivered to Siem Offshore from the same yard. An additional two vessels will be delivered to a partner of Siem Offshore, but operated by Siem Offshore as part […]

  • 12 February 2014
    Business & Finance, Project & Tenders

    Siem Offshore Inc. announced that it has entered into agreements with Helix Energy Solutions Group, Inc. to provide two well-intervention vessels. The two vessels will be owned by Siem Offshore and chartered by Helix for an initial period of 7 years, with options that can extend the charter periods up to 22 years. The terms […]

  • 28 April 2016

    Siem Offshore’s new cable laying vessel, Siem Aimery, was named on Wednesday at the Remontowa Shipyard in Gdansk, Poland. The godmother and sponsor of the vessel was Karin Muck, wife of Lars Muck, business area manager of Siem Offshore Contractors. The vessel, designed by VARD, is 95.3 meters long and 21.5 meters wide. It can accommodate […]

  • 29 November 2017

    Norwegian shipping company Siem Offshore has ended negotiations to sell its cable lay business at the same time revealing the identity of the interested party. The shipping company revealed it was in negotiations with an unnamed potential buyer for its cable lay business Siem Offshore Contractors GmbH earlier in November. However, these talks have now been terminated, […]

  • 11 April 2018
    Business & Finance, Operations & Maintenance

    Subsea 7 has completed the acquisition of Siem Offshore Contractors. The acquisition includes the entire issued share capital of Siem Offshore Contractors, the inter-array cable lay vessel Siem Aimery and the support vessel Siem Moxie. As announced in March this year, the initial consideration is EUR 140 million subject to adjustments for working capital and net […]

  • 31 July 2015
    Business & Finance

    The Board of Siem Offshore has decided to appoint Idar Hillersøy as new CEO of the company with effect from August 01. Idar Hillersøy has since April 01, 2015 been responsible for the OSV segment of the Company and will now take over responsibility also for Siem Offshore Industrial Investments. Terje Sørensen will step down […]

  • 2 July 2018

    Siem Offshore has received some good news as it prepares for what it says is a “prolonged downturn in the offshore supply market”

  • 20 October 2015
    Business & Finance

    Norwegian company Siem Offshore Inc. has been awarded a charter contract for the Anchor Handling Tug Supply Vessel (AHTS) Siem Amethyst with Woodside Energy. The contract award came through Siem Offshore’s fully owned subsidiary Siem Offshore Australia Pty Ltd. According to Siem Offshore, Woodside will use the vessel for operations in Australia, but the company did […]

  • 29 November 2017
    Business & Finance

    Siem Offshore, a Norwegian shipping company, has terminated discussions about the potential sale of its cable lay business Siem Offshore Contractors GmbH (SOC). The discussions were held with Subsea 7 due to the strategic fit between Subsea 7’s renewables business and Siem Offshore Contractors’ cable business. The company informed on November 20, 2017, that it is considering […]

  • 15 May 2017
    Business & Finance

    Siem Offshore’s chief executive officer Idar Hillersøy has for personal reasons tendered his resignation, the company said on Monday. He will be replaced by Bernt Omdal, who is currently the head of chartering. Hillersøy was appointed CEO of Siem Offshore Inc. in August 2015. He is also the president and CEO of Secunda Canada (100% owned by Siem Offshore). […]

  • 5 June 2014

    Norwegian Offshore ship supplier Siem Offshore is selling its platform supply vessel “Siem Sailor”

  • 11 April 2018
    Business & Finance, Equipment

    Subsea 7 has completed the acquisition of Siem Offshore Contractors and two vessels from the Siem Offshore Group.

  • 20 November 2017
    Business & Finance

    Norwegian shipping company Siem Offshore is seeking help from banks to ensure its survival through the downturn. The shipowner is also looking to sell its cable lay business. 

  • 5 March 2012
    Business & Finance

    The Petrobras Board of Directors has resolved to charter one additional of Siem Offshore’s AHTS vessels, the “Siem Ruby”, for a firm period of four years. Petrobras has an option to extend the charters for four additional years, upon terms to be mutually agreed. The contract value for the firm period is approximately USD 100 […]

  • 19 October 2015
    Business & Finance

    Malaysian Daya Offshore Construction and Norway’s Siem Offshore have again delayed the delivery of the Offshore Subsea Construction Vessel (OSCV) Siem Daya 1 to the Malaysian company. This time, following several delays, the vessel is to be delivered to Daya by November 16, 2015, Siem Offshore said Monday. Siem Daya 1 is already on a long-term charter with […]

  • 5 March 2012

    Brazilian state-controlled company, Petrobras, has decided to charter one additional of Siem Offshore’s AHTS vessels, the “Siem Ruby”, for a firm period of four years. Petrobras has an option to extend the charters for four additional years, upon terms to be mutually agreed. The contract value for the firm period is approximately USD 100 million. […]