Siem Offshore has entered into a new contract for the OSCV Siem Spearfish with client DeepOcean. The contract will commence in direct continuation of its current commitment, securing a firm utilization until the end of 2023.
The contract shows an increased appetite in the market to secure OSCV’s for longer periods.
DeepOcean intends to employ the vessel supporting its clients predominately in West Africa and Europe both in the Offshore Renewables and Oil and Gas Sector undertaking projects within Offshore Construction and Inspection, Maintenance and Repair (IMR).
Source: Siem Offshore