Subsea 7 Buys Siem Offshore Contractors and Two Vessels

Subsea 7 has signed an agreement to acquire Siem Offshore Contractors GmbH and two vessels, subject to competition clearance in Germany. The acquisition will include the entire issued share capital of Siem Offshore Contractors, the inter-array cable lay vessel Siem Aimery and the support vessel Siem Moxie. The initial consideration is EUR 140 million subject … Continue reading Subsea 7 Buys Siem Offshore Contractors and Two Vessels