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Company Disclosure

Offer to buy back debt through reverse auction

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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Company Disclosure

Contract award within Offshore Wind in Taiwan

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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Company Disclosure

Financial report for the 2nd quarter 2020

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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Company Disclosure

Contract for CSV Normand Vision with Ocean Installer

Solstad Offshore ASA has been awarded a contract with Ocean Installer for the CSV Normand Vision. The contract commences in 1Q and the firm and optional periods covers the majority of 2021.

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MS “NORMAND VISION” – Yard no: 811 by: VARD SØVIKNES

Company Disclosure

Contract award in Taiwan

Solstad Offshore ASA (“Solstad”) has been awarded a contract with an undisclosed EPIC contractor for the CSV Normand Baltic.

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Company Disclosure

Contract award for three vessels in Australia

Solstad Offshore ASA is pleased to confirm that the AHTS Normand Saracen, AHTS Far Senator and dual fuel powered PSV Normand Leader will continue operations in Australia during 2021.

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Far Saracen

Company Disclosure

Contract extensions in Brazil

Solstad Offshore ASA is pleased to announce several contract extensions in Brazil with Equinor and Total.

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Company Disclosure

Contract award in Australia

Solstad Offshore ASA (“Solstad”) is pleased to announce that the AHTS’s Normand Saracen and Far Senator, along with the PSV Normand Leader, have been awarded a contract with BP Developments Australia Pty Ltd (“BP”) to support BP’s Ironbark Campaign in the Carnarvon Basin offshore Western Australia.

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LeaderSkimmer Australia

Company Disclosure

Annual General Meeting 2020 held

On June 26th, 2020 Solstad Offshore ASA held their Annual General Meeting. All proposals were approved according to the distributed agenda.

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Company Disclosure

Contract award for two AHTS’s in Brazil

Solstad Offshore ASA is pleased to announce that the AHTS’s Far Sagaris and Far Statesman, have been awarded a contract with Petróleo Brasileiro S.A. (“Petrobras”) for a period of 3 years firm to support Petrobras’ exploration and production activities on the Brazilian continental shelf.

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