Subsea 7 to Acquire Siem Offshore Contractors and Two Vessels

Luxembourg-based marine engineering contractor Subsea 7 S.A. has signed an agreement to acquire Siem Offshore Contractors and two vessels, expanding Subsea 7’s presence in the renewable energy segment. The acquisition, which is subject to competition clearance in Germany, will include the entire issued share capital of Siem Offshore Contractors, the inter-array cable lay … [Read more...]

Petrobras Cancels Charter Contracts with Three Offshore Vessel Owners

  Offshore vessel owners World Wide Supply, Ultrapetrol and Siem Offshore all reported Monday receiving notification for the early termination of charter contracts with Brazilian oil giant Petrobras. Perhaps the hardest hit was Norwegian platform supply vessel owner World Wide Supply (WWS), who reported Monday receiving notice of early termination … [Read more...]

Siem Platform Supply Vessel Rescues Over 600 Migrants in Mediterranean

A Norwegian offshore vessel rescued over 600 migrants from two wooden boats on Monday in the southern Mediterranean Sea. The migrants, including several pregnant women, were helped onboard Siem Offshore's platform supply vessel Siem Pilot, marking the first rescue of its kind for the vessel. The 2010-built Siem Pilot joined the EU rescue mission Operation Triton earlier … [Read more...]

Siem Offshore Shows How They Will Connect 67 Offshore Wind Generators Via Subsea Cable

Two of Siem Offshore Contractors' newest vessels, the Siem Aimery and the Siem Moxie will be utilized next year to install 97 kilometers of subsea power cable connecting 67 offshore wind generators at Veja Mate in the German sector of the North Sea. Here's how they are going to do it: More information about this 100 million euro cable installation project can be found … [Read more...]

Siem Offshore Wins 100 Million Euro Subsea Cable Installation Job

As the offshore oil and gas sector continues to struggle while oil and gas firms reduce their CAPEX, offshore contractors and shipowners such as Van Oord and Siem Offshore are expanding their business models into the offshore wind sector, an area that continues to see significant investment. On Tuesday, Siem Offshore Contractors announced the winning of a contract worth … [Read more...]