Siem Offshore AS Secures Major Australian Project
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Siem Offshore AS Secures Major Australian Project

Siem Offshore AS (DE:S5H0) has released an update.

Siem Offshore AS has announced a significant contract for three of its Anchor Handling Tug Supply (AHTS) vessels, which will operate in Australia starting between Q2 and Q3 of 2025. The project, lasting approximately 380 to 670 days per vessel, will support a consortium of local companies in drilling and decommissioning operations.

For further insights into DE:S5H0 stock, check out TipRanks’ Stock Analysis page.

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