Contract award for PSV Siem Giant and PSV Siem Atlas in Brazil

Siem Offshore do Brasil, a subsidiary of the Company, has agreed new contracts with TotalEnergies EP Brasil. The new duration for Siem Giant is 3 years firm with options up to 4 more years and for Siem Atlas the new duration is 9 months firm with options until the end of Q2 2027. Both vessels will commence the contracts in June 2024 in direct continuation of present contracts.
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