Contract Extensions

16.10.2017 07:39

Solstad Farstad has agreed contract extensions with clients for the following vessels:

CSV 'Normand Pacific', present contract with Prysmian Powerlink Srl, the Prysmian Group's company responsible for the development of the most advanced "turnkey" submarine 
cable systems, has been extended with 1 year to November/2018. 

PSV 'Normand Naley', present contract has been extended with 6 months to May/2018 to support the clients operations in Norway.

The contract extensions has a total value of approximate NOK 80 mill. 

Lars Peder Solstad, CEO at +47 913 18 585 or 
Anders Hall Jomaas, CFO at +47 400 42 918

Skudeneshavn, 16 October 2017
Solstad Farstad ASA

This information is subject of the disclosure requirements 
acc. to §5-12 vphl (Norwegian Securities Trading Act)