Petrobras Scraps Siem Vessel Deal

Source: www.gulfoilandgas.com 9/21/2015, Location: South America

Siem Offshore have received notice of early termination for the vessel Siem Carrier due to Petrobras failed to obtain operating license for the vessel.

Termination fee is not applicable to PETROBAS as the vessel was blocked by local tonnage, according to contract terms.

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Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

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