The Siem Day, built in 2013 by Vard, is a subsea construction vessel of the design type OSCV 11L. EMGS will enter into a five-year bareboat charter agreement with the seller at a rate of $42,000 per ...

A Norwegian geophysical company is diversifying into the "dynamic" subsea sector by agreeing terms to take over the offshore ...

Sea1 Offshore, formerly Siem Offshore, has entered into shipbuilding contracts with Cosco Shipping (Qidong) Offshore for two new offshore energy support vessels.Based on ST-245 design, the vessels ...

Siem Offshore and O H Meling & Co AS have entered into a Heads of Agreement whereby the Company will acquire from OHM a controlling interest in one vessel and two shipbuilding contracts. The ...

Siem Offshore Inc expects to invest USD 6 million in upgrade of the vessel prior to commencement of the contract. Siem Offshore Inc is an owner and operator of vessels for the global oil and gas ...

EMGS has entered into a set of agreements for a transaction (the “Transaction”) whereby a newly formed subsidiary of the Company will acquire the OSCV Siem Day (the “Vessel”) from Siem Day ...

Electromagnetic Geoservices ASA (EMGS or the Company) is pleased to announce a significant step in the Company's strategic development through th ...

EMGS has entered into a set of agreements for a transaction (the "Transaction”) whereby a newly formed subsidiary of the Company will acquire the OSCV Siem Day (the "Vessel”) from Siem Day II AS (the ...