Offshoretråden - Kontrakter

Contract extension for MPSV Siem Dorado​

Siem Offshore has been awarded a contract extension for the MPSV Siem Dorado securing utilization for a period reaching towards the end of Q4 2024.

Commencement will be in direct continuation of the current contract with continued operations expected outside the North Sea.
 

Contract award for PSV Siem Giant and PSV Siem Atlas in Brazil​

Siem Offshore do Brasil, a subsidiary of the Company, has agreed new contracts with TotalEnergies EP Brasil. The new duration for Siem Giant is 3 years firm with options up to 4 more years and for 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.
 

Contract award for AHTS Siem Ruby​

The 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.
 

Reach Subsea Expands Fleet: Charter Option Lifted and Two New Constructor ROVs Ordered​

Haugesund, 20 March 2024: Reference is made to the 12 February 2024 stock exchange release, where Reach Subsea ASA (“Reach Subsea” or “Reach”) announced a 100 day project charter for the subsea vessel Olympic Taurus, with extension options for 2+1+1 years. Reach Subsea has now extended the charter for an additional 2 years and retain options for another 1+1 years.

"With a solid backlog and substantial tender pipeline for the coming periods, we are enhancing our capacity to capitalize on the rapidly advancing global subsea market. Reach Subsea is ideally positioned with a comprehensive service portfolio spanning ocean services and data delivery, catering to both the growing renewables sector and the established oil & gas market" said Jostein Alendal, CEO of Reach Subsea.

Furthermore, Reach Subsea has ordered two new Constructor type ROV’s from Kystdesign AS with delivery in May 2024, and will be financed through our equipment leasing frame agreement. The Constructor is a heavy duty ROV designed for carrying and operating large tools and modules and has a depth rating of 3000m. Following delivery the ROVs will be mobilised onto the Reach Subsea fleet and will expand our subsea service capacity into the 2024 season.

“The addition of the two new Constructor ROVs not only enhances our fleet's flexibility but also bolsters our capability to efficiently execute a diverse range of underwater tasks. These cutting-edge ROVs seamlessly integrate into our existing portfolio of assets, further solidifying our position to effectively address the demands of our clients. Their advanced technology and robust design align perfectly with our commitment to deliver high-quality services and meeting the evolving needs of our clients across various industries.” said Jostein Alendal.
 

Contract Award – OSCV Siem Spearfish​

Siem Offshore has entered into a one-year firm contract plus one year option for the OSCV Siem Spearfish with PXGEO. The vessel will be engaged within the marine geophysical segment and support charterer's operations world-wide. The vessel will commence its new charter upon completion of the current class renewal mid February 2024.

 

Contract award – OSRV Siem Marataizes​

Siem Offshore do Brasil has signed a new contract for the Oil Spill Response Vessel Siem Marataizes with a duration of 4 years with commencement 2Q 2024.
 
Golden Energy Offshore Service

We are pleased to announce that Golden Energy Offshore Services AS (GEOS) has successfully secured short term contracts for Energy Partner and Energy Swan with first class international Charterers
 

Golden Energy Offshore Services AS (GEOS) Secures Short Term Contract for Energy Pace​

Reference is made to the press release by Golden Energy Offshore Services AS (the “Company”) of 4 April 2024 where it was announced that the Company had secured short term contracts for the vessels Energy Partner and Energy Swan.

The Company is pleased to announce that it has successfully secured a short term contract for the vessel Energy Pace.

All three contracts are with first class international charterers and consolidated for a total of 380 firm vessel days. The average day rate for the contracts exceeds USD 28,000/day, resulting in a total firm value of approximately MUSD 10.8.

According to Per Ivar Fagervoll, CEO of Golden Energy Offshore Services AS: "We are delighted to secure these contracts for our vessels. This achievement reflects our team's dedication to providing top-tier services and underscores our commitment to operational excellence."

Additionally, the same charterers have options to utilize the vessels for up to 380 days at an average day rate exceeding USD 28,600/day. If these options are exercised, the total contract value would amount to MUSD 21,7.

These contracts underscore the Company's commitment to providing high-quality
offshore services.
 
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