Petrobras Awards Time Charter to Siem Offshore for PSV

Siem Consub (Brazil) has been 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 US $32.8 million.