Siem Offshore is an international offshore and

subsea Subsea technology involves fully submerged ocean equipment, operations, or applications, especially when some distance offshore, in deep ocean waters, or on the seabed. The term ''subsea'' is frequently used in connection with oceanography, marin ...

shipping company A shipping line or shipping company is a company whose line of business is ownership and operation of ships. Shipping companies provide a method of distinguishing ships by different kinds of cargo: # Bulk cargo is a type of special cargo that is ...

registered on the Cayman Islands with its main offices in

Kristiansand Kristiansand is a seaside resort city and municipality in Agder county, Norway. The city is the fifth-largest and the municipality the sixth-largest in Norway, with a population of around 112,000 as of January 2020, following the incorporati ...

Norway Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and the ...

. The Company's fleet includes 50 vessels, of which 15 are under construction. The fleet includes platform supply vessels - PSVs, anchor handling tug and supply vessels - AHTS, multipurpose field and ROV support vessels - MRSVs, offshore subsea construction vessels - OSCVs, well intervention vessels - WIVs, scientific core drilling vessels - SCDVs and crew transport vessels - CTVs. Furthermore, the subsidiary Siem Consub (Siem Offshore do Brasil) operates additional vessels in

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

. Siem Industries (33.7%) and Ace Crown International (19.4%) are the largest owners.

History

The company was founded on 1 July 2005 as a spin-off from

Subsea 7 Subsea 7 S.A. is a Luxembourgish-domiciled subsea engineering, construction and services company serving the offshore energy industry. The company is registered in Luxembourg with its headquarters in London. History The company was formed by the ...

. In September the same year it bought Rovde Shipping and has since ordered a substantial number of new vessels, primarily platform supply, anchor handling tug and supply as well as offshore subsea construction and well intervention vessels. In 2011 the company expanded into the contracting business, when Five Oceans Services was acquired and subsequently renamed to Siem Offshore Contractors (SOC). SOC is specialized in the installation, repair and maintenance of submarine cable systems, with a regional focus on the renewable energy sector in Europe and the offshore oil and gas sector in the Middle east.

History

See also