Siem Offshore

Siem Offshore (OSE: SIOFF) is an international supply and subsea shipping company registered on the Cayman Islands with main offices in Kristiansand, Norway. The Company’s fleet includes 45 vessels, of which 7 are under construction. The fleet includes platform supply vessels, anchor handling tug supply vessels, multipurpose field- and ROV support vessels, well stimulation vessels, scientific core drilling vessels and crew vessels. In addition the subsidiary Siem Consub operates 10 vessels in Brazil. Siem Industries (38%) and Rovde Invest (19%) are the largest owners.

"...offshore services and engineering of systems for integration..."

The Company’s subsidiary Siem Consub SA in Brazil is an owner and operator of supply vessels and crew boats in the Brazilian market. Siem Consub’s head office is located in Rio de Janeiro in addition to bases located along the Brazilian coast. With more than 26 years of experience in Brazil, Siem Consub is focused on offshore support operations, submarine cable maintenance and installation, engineering and systems integration for the defence market.

Siem Consub undertakes projects that comprise underwater and naval technology, high quality resources and qualified professionals. Unique solutions have been implemented but each new project brings new challenges to overcome.

View the company web at www.consub.com.br

History

The company was founded on 1 July 2005 as a spinn-off from Subsea 7. In September the same year it bought Rovde Shipping and has since ordered a substantial number of new vessels, primarily platform supply vessels.