Contract with Petrobras for large-size PSV

Siem Consub (Brazil) is awarded a time charter contract by Petrobras for one large-size PSV.

Siem Consub is wholly owned subsidiary of Siem Offshore.  The term of the contract is three years, with 3 x 1 years options.  The contract value for the firm period is approximately USD 32.8 million.


For further information:

Terje Sorensen
Chief Executive Officer
+47 91 31 61 64

Christian W. Berg
Chief Commercial Officer
+47 97 40 55 53


Published 30-11-2009 in the Investor category