Siem Offshore Inc. and Subsea 7 Inc. have entered
into a 5-year firm charter contract for Siem
Offshore's Multipurpose Field- & ROV Support
Vessel of MT6016L design.
The commercial terms of the contract are confidential between the parties. The
vessel is under construction at the Kleven, Norway yard
and is scheduled for delivery in March 2008. The
charter period will commence upon the delivery of
The work scope of the vessel will be ROV and
construction activities within the natural design
capabilities and capacities of the vessel.
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