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Company Disclosure
Solstad Offshore ASA is pleased to confirm that the PSV Normand Skimmer has been awarded a significant long term contract with a major international company.
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Reference is made to Solstad Offshore ASA’s (“SOFF”) stock exchange notice dated 17 September 2020 in which it was advised that Saipem (Portugal) Comercio Maritimo (“Saipem”) had early terminated the time charter for “Normand Maximus”.
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In connection with the ongoing restructuring of the Solstad Offshore group, the Board of Directors of Solstad Offshore ASA has today resolved to summon an extraordinary general meeting of Solstad Offshore ASA to be held at the company’s office in Skudeneshavn on 20 October 2020 at 9:30 am.
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Solstad Offshore ASA (“Solstad”) is pleased to announce contract extensions with key clients Equinor and Aker BP.
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Reference is made to the Summons to Bondholders’ Meeting dated 14 May 2020.
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Normand Maximus Operations Ltd, a wholly owned subsidiary of Solstad Offshore ASA and disponent owner of the vessel “Normand Maximus”, has today received a notice of early termination of the charter party for the vessel from the charterers, Saipem (Portugal) Comercio Maritimo LDA.
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Reference is made to the stock exchange notice dated 9 September 2020 regarding Solstad Offshore ASA’s offer to buy back debt through reverse auction.
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Reference is made to the stock exchange notices dated 31 March 2020 and 8 May 2020 regarding the financial restructuring of Solstad Offshore ASA (“SOFF”) and its subsidiaries (together referred to as the “Group”).
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Solstad Offshore ASA is pleased to announce that the company has signed an agreement with Ørsted for hire of the CSV Normand Jarl to support Ørsted on their project Greater Changhua 1 & 2a Offshore Wind Farms in Taiwan.
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Revenues for the second quarter of 2020 was MNOK 1,332 vs MNOK 1,372 in 2019, while EBITDA (adjusted) for the second quarter was MNOK 411 vs MNOK 440 in 2019
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