Siem Offshore Delays Again

Siem Offshore (SIOFF) has once again agreed to postpone the delivery of the Offshore Subsea Construction Vessel (OSCV) Siem Daya 1 to Daya Materials until December 15, 2015.

This time the cancelling date was set for December 31, 2015.

Other terms and conditions of the agreement will remain valid and in full force and effect, the Oslo-listed company said Thursday.

In April this year, both parties struck a $120-million deal for the sale and purchase of the 120.8 meters long subsea vessel of Vard design.

The vessel was recently engaged in a cable deployment campaign at MeyGen tidal energy project and November 16 was set as the already extended delivery date.

Subsea World News Staff

Share this article

Follow Subsea World News


<< Apr 2017 >>
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

3rd Deepwater East & Southern Africa Congress 2017

The past successful two series has gathered around 600 industrial professionals, while most of which thought this event informative and useful…

read more >

Offshore Technology Conference (OTC) 2017

The Offshore Technology Conference (OTC) is where energy professionals meet to exchange ideas and opinions to advance scientific…

read more >


The focus of OWC2017 is on the Yorkshire and the Humber region, which is at the epicentre of the offshore wind industry, and where billions…

read more >

19th Asia Oil and Gas Conference (AOGC 2017)

A high level congregation that needs no introduction, the Event brings forth strategic discourses from global industry captains…

read more >