Norwegian offshore vessel owner Siem Offshore entered into a standstill agreement with its secured lenders in Europe and Norway for the period from May 29, 2020, until April 30, 2021. The terms of the agreement include 100% deferral of principal and interest until the end of the standstill period…
Kongsberg Maritime reported that its K-CAT (KONGSBERG Competence Assessment Tool) is receiving positive reports from the global oil & gas fleet supplier Siem Offshore, consolidating a deal between the two companies worth in the region of $68…
Norway-based offshore vessel owner Siem Offshore has received some breathing room after reaching an agreement with its banks.The company last week warned that the extreme fluctuations in the financial markets over the past weeks „have resulted…
Norwegean offshore and subsea shipping company Siem Offshore has won one-year contracts for three anchor handling tug supply (AHTS) vessels in Australia.The Cayman Islands-registered marine transportation and logistics services provider said…
Norwegian offshore vessel owner Siem Offshore said it has sold the multipurpose support vessel (MPSV) Siem Marlin to Nigerian services company Marine Platforms.Siem Offshore did not disclose the sale price.Siem Marlin, a 2009-built multipurpose…
Norwegian subsea shipping company Siem Offshore has been awarded a long-term contract for its Siem Spearfish vessel.The vessel owner said it had agreed on a three-year frame agreement with an undisclosed subsea contractor for the offshore subsea construction vessel Siem Spearfish…
Helix Energy Solutions' Siem Helix 2 newbuild light well intervention vessel has completed the vessel acceptance tests and is now on contract to Petrobras offshore Brazil under a multi-year contract. The Siem Helix 2 joins the Siem Helix 1…
Norway-based Siem Offshore has ended talks with Subsea 7 over a possible sale Siem Offshore Contractors (SOC), and will continue to operate SOC, Siem reported today (29 November). The company had entered into discussions with Subsea 7…
Norway's Siem Offshore says it's in negotiations with a potential buyer for its Siem Offshore Contractors cable lay business as it prepares for 'an extended downturn in the offshore supply market.' The firm is trying two separate moves to improve its finances…
Swire Seabed has signed a charter with Siem Offshore for up to three years bareboat of Siem vessel Siem Stingray. Siem Stingray, which will be re-named Seabed Stingray, is an IMR, construction and survey vessel of the VARD design. The vessel is 120…
Helix Energy Solutions subsidiary Canyon Offshore has been awarded a contract by Siem Offshore Contractors for the provision of trenching services on DONG Energy’s Hornsea Offshore Wind Farm Project One. Canyon Offshore’s award will…
Siem Offshore will purchase the 49% ownership in Siem Meling Offshore DA (SMODA) held by O.H. Meling. Once the deal is done, Siem Offshore will own 100% of the company SMODA. As part of the agreement, the Siddis Mariner vessel will be sold by SMODA to another company owned by O…
Siem Offshore has lined up a string of charter contracts for its vessels with several global companies. BHP Billiton has hired the Siem Aquamarine and Siem Amethyst AHTS vessels to support upcoming drilling work west of Australia for a firm period of 240 days…
Siem Offshore has canceled the fourth of four dual fueled platform supply vessels (PSVs) shipbuilding-contracts with Remontowa Shipbuilding in Poland, due to delay in the delivery. “The company is covered with refund guarantees from an…
Helix Energy Solutions completed its contract renegotiations with Petróleo Brasileiro (Petrobras) and has entered into amendments to its well intervention services contracts for its two chartered vessels, the Siem Helix 1 and the Siem Helix 2…
