Brief: Siem Offshore, Helix Energy Enter Into Agreement For Well Intervention Vessels

Sea1 Offshore

09/03/2022 09:34

March 9 (Reuters) - Siem Offshore Inc  SIOFF.OL :
    * NEW AGREEMENT IN PLACE FOR THE WIV "SIEM HELIX 1" AND WIV
"SIEM
HELIX 2"
    * AGREEMENTS WILL REPLACE EXISTING CONTRACTS AND NEW FIRM
PERIOD
WILL BE 3 YEARS FOR "SIEM HELIX 1" AND 5 YEARS FOR "SIEM HELIX
2" WITH SUBSEQUENT OPTIONS FOR BOTH VESSELS
    * COMMENCEMENT WILL BE IN DIRECT CONTINUATION OF PRESENT
CONTRACTS
WITHIN Q1 2022
    * TOTAL CONTRACT BACKLOG FOR SIOFF IS NOW USD 440 MILLION

Source text for Eikon:  ID:nObipVH2ka 
Further company coverage:  SIOFF.OL 

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