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Company Disclosure

Contract Awards in the Asia Pacific region

Solstad Offshore ASA (“Solstad”) has been awarded a contract with a large international contractor for the CSVs Normand Navigator, Normand Frontier and Normand Australis.

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Normand Frontier

Company Disclosure

Award of contract for three PSV’s

Solstad Offshore ASA (“Solstad”) is pleased to confirm that the PSV Normand Surfer has been awarded a long-term contract with a leading North Sea Operator.

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Company Disclosure

Frame Agreement with ExxonMobil in Brazil

Solstad Offshore ASA is pleased to announce that the company has entered into a Frame Agreement with ExxonMobil Exploração Brasil Ltda for the provision of supply vessel services supporting their exploration activities in Brazil.

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Company Disclosure

Contract awards for PSV’s in Norway

Solstad Offshore ASA are pleased to announce that the large PSV “Normand Serenade” has been awarded a medium-term contract with Wintershall Dea to support their Deepsea Aberdeen drilling operations in Norway.

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Company Disclosure

Contract award for CSV Normand Maximus

Solstad Offshore ASA is pleased to announce that the company has signed a contract for the CSV Normand Maximus to support operations for a Client in Latin America.

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

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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SOFF Flag (2)

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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larspedersolstad

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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SOFF Flag (2)

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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