New agreement in place for the WIV “Siem Helix 1” and WIV “Siem Helix 2”
We are pleased to announce that Siem Offshore and Helix Energy Solutions Group Inc, has entered into an agreement for the Well Intervention Vessels Siem Helix 1 and Siem Helix 2.
The agreements will replace the existing contracts and the 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 contractswithin the first quarter of 2022.
– The extension reconfirms that the Company plays an important role in the Well Intervention segment, and we are very pleased to see a key client such as Helix Energy Solutions extend our professional relationship, says Bernt Omdal – CEO, Siem Offshore Inc.
Total contractbacklog for SIOFF is now USD 440 million.