Search results for: siem

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  • 21 April 2017
    Business & Finance

    Shipping company Siem Offshore has been awarded charter contracts for eight vessels for work across four continents. Namely, Siem said on Friday that it found work for four anchor handling tug supply (AHTS) vessels, two platform suppliers (PSVs), and two offshore subsea construction vessels (OSCVs). The Siem Aquamarine and Siem Topaz AHTS vessels will support […]

  • 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. 

  • 5 June 2014

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

  • 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 […]

  • 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 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 […]

  • 28 March 2011
    Business & Finance

    Siem Offshore and Capricorn Greenland Exploration 1 Ltd. have agreed contracts for three PSVs and two AHTS vessels for the Operator’s 2011 exploration campaign West of Greenland during the Summer Drilling Campaign 2011. The PSVs Siem Louisa (Photo), Siem Danis and Sophie Siem, shall perform regular supply duties. The AHTS vessels Siem Topaz and Siem […]

  • 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 […]

  • 25 February 2016
    Business & Finance, Operations & Maintenance

    Siem Offshore has seen red again as impairments and the challenging OSV market sank the company into a quarterly loss. The Oslo-listed company recognised net loss of $116 million compared to net profit of $15.5 million in the year-ago quarter. The net loss attributable to shareholders was $108.3 million. In addition, for the full year […]

  • 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 […]

  • 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 […]

  • 29 July 2010
    Business & Finance

    Siem Offshore and Statoil have agreed a contract for the AHTS vessel ‘Siem Topaz’ for operations in the Barents Sea. The contract is for a firm period for three wells, with options for one additional well. The operations shall commence within year-end 2010. The ‘Siem Topaz’ is the sixth AHTS vessel in the series of […]

  • 6 September 2016

    Siem Offshore Contractors has completed the installation of Nordsee One inter-array cables three weeks ahead of schedule, with all inter-array cables now installed, terminated, trenched and tested. The company used its cable-laying vessel Siem Aimery and the installation support vessel Siem Moxie, the so-called Siem Duo, to carry out the works. The two vessels were further supported by […]

  • 28 January 2019

    Norwegian offshore and subsea shipping company Siem Offshore has sold three platform supply vessels (PSVs).

  • 20 April 2015
    Business & Finance, Project & Tenders

    Oslo-listed Siem Offshore and Daya Materials Bhd. (Daya) have agreed to extend the deadline for termination of the Memorandums of Agreement (MoAs) to April 24, 2015. Namely, the two companies entered into an agreement in August 2014 for the sale of the two 2013-built Offshore Subsea Construction Vessels (OSCVs) Siem Daya 1 and Siem Daya […]

  • 30 June 2015

    Malaysia’s Daya Offshore Construction is a step closer to acquiring a subsea construction vessel from Norway’s Siem Offshore. According to the Norwegian shipowner, Daya has today secured approval from its shareholders to proceed with the purchase of  “Siem Daya 1” vessel. Siem Daya 1 is already on a long term charter with Daya Offshore Construction, as well […]

  • 14 April 2015
    Operations & Maintenance

    The following video shows an offshore wind farm array cable installation process using the Siem Aimery Cable Lay Vessel and Siem Moxie Installation Support Vessel by Siem Offshore Contractors. Siem Offshore Contractors (SOC), a submarine cable and umbilical installation, repair and maintenance contractor, will be performing a EUR 100 million installation job of the inner array […]

  • 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 […]

  • 8 March 2019
    Business & Finance

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

  • 27 December 2016

    Siem Offshore’s second well intervention vessel Siem Helix 2 has joined the company’s fleet on December 21, 2016. The vessel was delivered to the company at Flensburger Schiffsgebau, Germany, Siem Offshore informed through social media. Siem Helix 2 joins its sister vessel Siem Helix 1 as the largest and most complex vessel ever delivered to […]

  • 23 October 2018
    Project & Tenders

    Siem Offshore has secured a 15-month contract for the offshore subsea construction vessel ‘Siem Barracuda’. The contract with an unnamed client includes 6 x 1 month options. Under the contract, Siem Barracuda will conduct operations in the renewable energy sector. The vessel will start operations during November 2018, Siem noted. Siem Barracuda, 120.80 meters long, with a beam of 22.00 meters, […]

  • 22 June 2011
    Business & Finance

    Siem Meling Offshore DA has entered into a contract with Statoil Petroleum AS for the large-size PSV ‘Siem Sailor’. The term of the contract is 2 years with 2 yearly options. The contract shall commence during January – March 2012. The contract is done at market conditions. The ‘Siem Sailor’ is owned by the subsidiary […]