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Company Disclosure

Contract awards within Renewable Energy and Subsea

Solstad Offshore ASA is pleased to announce following contracts awards for two of its subsea construction vessels (CSV).

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Normand-Mermaid-at-Draugen-oil-field,-foto-Normand-Clipper

Company Disclosure

Normand Maximus update

Reference is made to the 4Q report of Solstad Offshore ASA published on 25 February, and to the information provided therein related to Normand Maximus.

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2016-091-830-NormandMaximus-Brattvaag-3-19-HaraldMvalderhaug

Company Disclosure

Contract awards in Australia

Solstad Offshore ASA (“Solstad”) is pleased to confirm that the large AHTS Normand Ranger has been awarded a contract in Australia for commencement in 2Q 2021. The vessel will mobilise from Norway and will then provide support to a major drilling campaign offshore North Western Australia, securing about 1 year of utilization for the vessel.

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Company Disclosure

Financial report for the 4th quarter 2020

This report is reflecting the changes to the Company following the closing of the restructuring.

Equity strengthen with MNOK 12,212 compared to previous quarter and booked equity end of year of MNOK 4,200

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SOFF Flag (2)

Company Disclosure

Contract award for Normand Cutter

Solstad Offshore ASA (“Solstad”) is pleased to announce a contract for the CSV Normand Cutter with Global Marine Group (“GMG”).

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Normand Cutter 2

Company Disclosure

Sale of vessels

Deep Sea Supply Shipowning AS and Deep Sea Supply Shipowning I AS, wholly owned subsidiaries of Solstad Offshore ASA, has sold the PSVs Sea Angler (built 2007, 5 450 BHP), Sea Bass (built 2008, 5 450 BHP) and Sea Turbot (built 2008, 5 450 BHP).

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Company Disclosure

Windfarm work awarded by MHI Vestas

Solstad Offshore ASA (“Solstad”) is pleased to announce that the company has signed a contract with MHI Vestas for hire of the CSV Normand Fortress to support their W2W operations at the Triton Knoll windfarm in UK. The firm period of the contract is 140 days plus options thereafter, commencing March 2021.

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Company Disclosure

Contract awards within Renewable Energy and Subsea

Solstad Offshore ASA is pleased to announce four contract awards for three of its subsea construction vessels (CSV).

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Normand Energy

Company Disclosure

Contract Award for PSV in UK

Solstad Offshore ASA is pleased to announce that the PSV Sea Forth has been awarded a term contract with a UK Operator to support their assets in the UK North Sea, commencing April 1st, 2021.

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Company Disclosure

Contract extension for CSV Normand Commander

Solstad Offshore ASA (“Solstad”) is pleased to announce the contract extension for the CSV Normand Commander.

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