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.
Photo: Siem Offshore
Source: Siem Offshore