Siem Offshore Inc. · Kristiansand Norway ·(Oslo: SIEM)
Company Description
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Originally a shipping company, Siem Offshore has become a major player in the oil field services industry. It has a fleet of 27 vessels, including platform supply vessels (PSVs), multipurpose field- and remotely operated vehicle (ROV) support vessels, multi-role support vessels (MRSVs), anchor handling tug support vessels, a well stimulation vessel, a scientific core drilling vessel and crew boats. The company also conducts technology research and development for the drilling and well services industries through Siem WIS AS and WellCem AS. Norwegian shipping conglomerate Siem Industries owns about 34% of Siem Offshore. To read the full description, subscribe now.
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Key Siem Offshore Inc. Financials
| Company Type | Public - Oslo: SIEM Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $192.8 |
| Employees | 1 |
Siem Offshore Inc. Executives
13 executives listed for Siem Offshore Inc.'s Kristiansand, location.
| Title | Name & Bio | Contact |
| Chairman | Kristian Siem | Network |
| CEO | Terje Sørensen | Network |
| COO | Lars Bruun | Network |
Competition
Competitive Landscape for Siem Offshore Inc.
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top Siem Offshore Inc. Competitors
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