Siem Waits on Full Deposit for Two OSCVs

Siem Offshore and Daya Materials Bhd. entered into an agreement in August 2014 for the sale of the two Offshore Subsea Construction Vessels (OSCVs) ”Siem Daya 1” and ”Siem Daya 2” at a total price of USD 282 million.

Daya has paid a deposit of USD 1.4 million in aggregate on the vessels, and has been given until mid-April to arrange for financing and pay the remainder of the deposit on the two vessels.

The deposit will equate to 10% of the purchase price. The subsequent delivery of the vessels shall thereafter take place latest by mid-July 2015.

The “Siem Daya 1” and “Siem Daya 2” are designed for subsea operation duties such as construction and installation work, inspection and maintenance. The vessels feature twin WROVs, work moonpool, 250T AHC crane, and provide accommodation for 110 persons.

Both vessels are on long-term charters to Daya and the charter agreements will continue until deliveries are concluded.

Share this article

Follow Subsea World News

Events>

<< Nov 2019 >>
MTWTFSS
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 1

Oceanology International 2020

Exhibitors from industry, government and research institutions share their knowledge and come…

read more >

Subsea Power Cables 2019

Subsea Power Cables 2019 is an opportunity to share your knowledge and experiences of subsea cable projects with the industry…

read more >

6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

More info

read more >

Underwater Intervention (UI) 2020

Underwater Intervention Conference is a conference where oil and gas industry professionals, senior decision…

read more >