New contracts in Norway and Brazil

New contracts in Norway and Brazil

21.12.2017 02:23 PM

Petrobas - Petróleo Brasileiro S.A has extended the present contract for RSV “Far Swift” with approximately 1 year, in direct continuation of present contract. Contract is now firm until 4q -2018.

In addition, SolstadFarstad has entered into a contract for the PSV "Normand Skipper” with Statoil ASA for work on the Norwegian Continental Shelf for a period of 4 months firm with further 2 months option. Commencement of contract is mid-April 2018.

The contracts values remain confidential between the parties.

Skudeneshavn, December 21st 2017

Contacts:
Lars Peder Solstad, CEO at +47 91 31 85 85
Anders Hall Jomaas, CFO at +47 40 04 29 18

Solstad Farstad ASA
www.solstadfarstad.com

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