Company Disclosure
Restructuring implementation agreement – update
Reference is made to the stock exchange notice 8 May 2020 where Solstad Offshore ASA (the “Company”) and its subsidiaries (“SOFF” or the “Group”) informed that it had agreed a Restructuring Implementation Agreement (the “RIA”) for a restructuring of the Group (the “Restructuring”).
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Company Disclosure
Financial report for the 1st quarter 2020
The Company’s revenue in 2020 is expected to be negatively affected by the COVID-19 pandemic and sharp decline in the oil price.
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Company Disclosure
Annual Report 2019
Please find attached the Annual Report 2019 for Solstad Offshore ASA (“The Company”). The Annual Report is also available from the company’s web site www.solstad.com.
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News
Far Swan wins again
Far Swan has yet again being awarded and emerged as the winner of the Qatargas vessel of the Quarter for first quarter of 2020. This is the 2nd achievement, as she received the same award in 2Q of 2019, for this charter.
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Over a decade with
sustainability awareness.
We acknowledged the climate challenge, and our contribution to it, many years ago. With the successful Solstad Green Operations program, we have a head start on many of our competitors when it comes to improving our carbon footprint.
Vision and values
Our vision is to further enhance our reputation as a reliable world-leading offshore shipping company acknowledged as a supplier of excellence by our people, clients and other stakeholders. We aim to achieve this by delivering high quality services every single day.
Covid-19
Solstad with a foot-print in all global regions, is following the advice given by government and health authorities during the COVID-19 pandemic in all areas of its operations.