Norwegian based and Oslo Stock Exchange listed Siem Offshore, a vessel provider to the offshore oil and gas and renewable industry, has in the subsidiary Siem Offshore do Brasil agreed new contracts with TotalEnergies EP Brasil.

The new duration for the platform supply vessel (PSV) “Siem Giant” is 3 years firm with options up to 4 more years and for the platform supply vessel (PSV) “Siem Atlas” the new duration is 9 months firm with options until the end of Q2 2027.

Both vessels will commence the contracts in June 2024 in direct continuation of present contracts, as the company informs.

Furthermore, the Anchor Handling Tug Supply (AHTS) “Siem Ruby” has been chartered to an International Oil Major for a period covering the remainder of 2024, with imminent commencement. Operations will take place outside of the North Sea.

Source: Siem Offshore