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Company Disclosure
Solstad Offshore ASA (“Solstad”) is pleased to announce that Ocean Installer Limited (“Ocean Installer”) has awarded Solstad a contract for a project in West Africa. The project will be executed by the five large AHTS’s “Normand Drott”, “Normand Prosper”, “Normand Sapphire”, “Normand Sigma” and “Normand Sirius”. The combined contract duration is minimum 380 vessel-days and will commence in 4Q 2023.
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Solstad Offshore ASA presented the 2nd quarter results in a webcast today, 25th of August 2023, at 09:00 CEST.
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Solstad delivered the strongest quarter in the Company’s history in terms of Operating Income and EBITDA, and achieving a strong EBITDA margin at 49%.
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Solstad Offshore welcomes to presentation of its 2Q 2023 report, Friday, August 25th, 2023 at 09:00 am. The presentation will be held by Lars Peder Solstad and Kjetil Ramstad.
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Solstad Offshore ASA (Solstad) has been awarded two contracts from Brazilian Clients that further strengthen Solstad’s position as one of the main operators of high-end offshore vessels in Brazil.
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Reference is made to the announcement 7 March 2023 on the sale of the Solstad PSV fleet to Tidewater for the price of approximately $580 million.
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Solstad Rederi AS, a wholly owned subsidiary of Solstad Offshore ASA, has sold the AHTS Elang Laut 1.
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Reference is made to the stock exchange notice March 7, 2023, where the transaction for the sale of 37 PSV vessels to Tidewater was announced
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Solstad Offshore ASA presented the 1st quarter results in a webcast today, June 2nd, 2023, at 09:00 CEST.
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A quarter with high utilization and improved commercial terms across all geographical regions and vessel segments
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