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Solstad Offshore Awarded Several New Contracts

This week, the Norwegian offshore service and supply ship shipping company, Solstad Offshore, has been awarded contracts with Ocean Installer and an undisclosed EPIC as well as contract extensions with Total, Equinor and BP.

Solstad Offshore ASA has been awarded a contract with Ocean Installer for the CSV Normand Vision. The contract commences in Q1 2021 and the firm and optional periods cover the majority of 2021.

Normand Vision is a high capacity Construction Support Vessel designed and built for installation of Subsea Structures, Umbilicals, Risers and Flowlines (SURF). The vessel was delivered in 2014 and has worked for Ocean Installer most of the time since then.

Solstad has also been awarded a contract with an undisclosed EPIC contractor for the CSV Normand Baltic. The vessel will be utilized in the development phase of an Offshore Wind project in Taiwan. The contract will commence during 1st half 2021 and have a duration of up to 220 days.

Solstad Offshore also announced several contract extensions in Brazil with Equinor and Total. Equinor Brazil has extended the contracts for the PSV’s Sea Brasil by 1 year until December 2021 and Far Scotsman by 6 months until May 2022. Both vessels will continue to support Equinor on their operation and development activities in Brazil.

In addition, Total E&P do Brazil has extended the contracts for the PSV Normand Swift and the AHTS Far Sagaris until December 2020 to support Total’s activities in the Lapa Field. During the charter period, Far Sagaris will be replaced by Far Scout, as Far Sagaris will commence a 3-year contract with Petrobras (ref. Notice to Oslo Stock Exchange dated 16. June 2020).

Solstad also confirmed that the AHTS Normand Saracen, AHTS Far Senator and dual fuel powered PSV Normand Leader will continue operations in Australia during 2021.

After the previously announced contract with BP (Notice to Oslo Stock Exchange 3. August 2020), the three vessels will provide support to a major drilling campaign offshore North-Western Australia from Q2 2021 for approximately 7.5 months with optional periods thereafter.

During the campaign, the vessels will operate in connection with a moored semi-submersible drilling rig, with the base port being Dampier.

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