Supplying energy
markets. Worldwide.

Company Disclosure

Primary Insider Notification

Aker Capital AS, which is 100% owned by Aker ASA and represented on the Board of Solstad Offshore ASA (the “Company”) by Frank Ove Reite due to its ownership in the Company, has on December 1st, 2020 acquired 2,382,757 shares in the Company from Ocean Yield ASA (a company controlled by Aker). The acquisition is made at a price per share of NOK 5.16 which equals to the closing price on Oslo Stock Exchange yesterday, December 1st, 2020.

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Company Disclosure

Primary insider notification

Jarsteinen AS, a company controlled by Solstad Offshore ASA’s (the “Company”) CEO Lars Peder Solstad and family, has on November 20th, 2020 purchased shares in the Company at a price of NOK 5,79 per share from other shareholders controlled by himself and family, as follows: 151,015 shares from Ivan AS, 18,860 shares from SOFF Invest […]

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Company Disclosure

AHTS contracts extended by INPEX, Australia

Solstad Offshore ASA are pleased to announce that Inpex Operations Australia Pty have extended the contracts previously agreed in October 2019 for the provision of two anchor handlers to support drilling for the Ichthys LNG development.

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Company Disclosure

Financial report for the 3rd quarter 2020

Successful restructuring of the Company was approved by an extraordinary general meeting on 20 October 2020

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Company Disclosure

Registration of share capital increase upon completion of Subsequent Offering and partial conversion of Convertible Loan

Reference is made to the stock exchange notice by Solstad Offshore ASA (the “Company”) on 10 November 2020 regarding the final results of the subsequent offering of 1,336,973 new shares, each with a par value of NOK 1.00 at a subscription price of NOK 2.80 per share (the “Subsequent Offering”) and the issuance of 652,459 new shares at a conversion price of NOK 1 upon the partly conversion of the unsecured and fully subordinated zero-interest convertible loan to Aker Capital AS, Hemen Holding Limited and Jarsteinen AS, a company controlled by CEO Lars Peder Solstad with family (the “Convertible Loan”).

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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.