This is Siem Offshore Inc.

Siem Offshore owns and operates one of the world’s most modern fleet of offshore support vessels, equipped to meet the increased requirements from clients and demands from operation in the harshest environments. The Company has a strong involvement in the renewable energy market as a contractor for installation of submarine power cables for offshore wind farms.

Siem Offshore had 43 vessels in operation by year-end 2017. By end March 2018, the total fleet comprised of 43 vessels, including, among others the following owned vessels, eleven Platform Supply Vessels (PSVs), five Offshore Subsea Construction Vessels (OSCVs), ten Anchor Handling, Tug and Supply vessels (AHTS), two Well-Intervention Vessels (WIVs), one Installation Support Vessel (ISV), one Cable Lay Vessel (CLV), six Brazilian flagged vessels and five Canadian flagged vessels comprising of both AHTS vessels and PSVs. The fleet provides a broad spectrum of services offered by a highly experienced and competent crew with a strong focus on Health, Safety, Environment and Quality.

The Company’s vision is to become the leading provider and the most attractive employer offering marine services to the offshore energy service industry. The Company shall deliver quality and reliable contracted services in a timely manner by executing cost-efficient solutions developed in active collaboration and cooperation with our customers.

Siem Offshore commenced operations with effect from July 1, 2005. The Company is registered in the Cayman Islands and is listed on the Oslo Stock Exchange (OSE Symbol: SIOFF). The Company’s headquarters is located in Kristiansand, Norway and additional subsidiary offices are located in Brazil, Germany, the Netherlands, Ghana, USA, Canada and Australia. The Company is tax resident in Norway.

Our Values

We continuously work to make the values part of the daily life of the Company, in particular in training of leaders throughout the organization. The values are established to support our present and future business.

We encourage team spirit and knowledge sharing. We strive to perform our daily work correctly, safely and without causing damage to people, environment and equipment.

We behave in a pro-active manner and we are innovative in our way of thinking. Continuous improvement is our key to success.

We are driven by integrity. We step up and take charge to fulfil given promises.

Board Of Directors

Financial Statements