Siem Offshore secures new long-term contracts for Siem Helix Vessels with Helix Energy Solutions
Published by Jack Roscoe,
Editorial Assistant
Oilfield Technology,
Siem Offshore has announced the signing of new agreements with Helix Energy Solutions for Well Intervention vessels, ‘Siem Helix 1’ and ‘Siem Helix 2’.
The new contracts, effective from January 1 2025, and January 1 2026, respectively, replace existing agreements and ensure firm utilisation for these key vessels until at least 2030. With a duration of 6 years for each vessel, and the option for extension for up to 5 years, this provides a solid foundation for future earnings and growth for Siem Offshore.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/07022024/siem-offshore-secures-new-long-term-contracts-for-siem-helix-vessels-with-helix-energy-solutions/
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