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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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Annual Report 2019

Company Disclosure

Correction incl enclosures: Summons to bondholders’ meeting

Reference is made to the stock exchange notice by Solstad Offshore ASA 8 May 2020.

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SOFF Flag (2)

Company Disclosure

Contracts for CSV’s Far Saga and Normand Energy

Solstad Offshore ASA (“SOFF”) is pleased to announce that the Brazilian flagged CSV, Far Saga, has been awarded a contract with Petróleo Brasileiro S.A. (“Petrobras”) for a period of 3 years firm.

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Company Disclosure

Restructuring Implementation Agreement

Reference is made to the stock exchange notice 31 March 2020 where Solstad Offshore ASA (the “Company”) and its subsidiaries (“SOFF” or the “Group”) informed that it had agreed on a plan with key stakeholders to finalise the negotiations for an agreement for the financial restructuring of the Group.

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SOFF Flag (2)

Company Disclosure

Medium-term contracts for multiple vessels

Solstad Offshore ASA has entered into medium-term contracts for six of its vessels for a period of 80 to 170 days each with undisclosed Clients. Commencement will be around 1st July and the operation are outside the North Sea.

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Company Disclosure

Restructuring update

Reference is made to the stock exchange communication of Solstad Offshore ASA (the “Company”) of March 31st, 2020 in which it was announced that the Company and a large majority of its stakeholders had established a common plan to finalise the negotiations for the restructuring of the Company on the basis of a restructuring outline (as described in the communication, the “Restructuring Outline”).

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SOFF Flag (2)

Company Disclosure

Financial Calendar

17.04.2020, 12:19:04 pm

Financial calendar for Solstad Offshore ASA.

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SOFF Flag (2)

Company Disclosure

Delivery of DLB Norce Endeavour to new owner

Solstad Offshore ASA (“the Company”) informed in March of this year that Saipem Portugal Commercio Maritimo Ltd has exercised the purchase option for the DLB Norce Endeavour, and the Company is pleased to announce that delivery of the barge now has taken place.

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DLB Norce Endeavour

Company Disclosure

Restructuring outline

Solstad Offshore ASA (the “Company“) and its subsidiaries (“SOFF” or the “Group“) have since Q3 2018 worked with their creditors towards a consensual financial restructuring. During the restructuring process, SOFF has had constructive discussions with all stakeholders.

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Company Disclosure

PSV contracts awarded in UK

18.03.2020, 09:17 am

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