Contract awards for CSVs

Solstad Offshore ASA is pleased to announce awards of four new contracts for its subsea construction vessels (CSV).

The contracts have a combined firm utilization of 410 days, with additional options thereafter, on projects in North Europe, West Africa and Asia.

The contracts have a combined value of approximately NOK 260 million including addition services, such as ROV’s, “Walk to Work”-systems and project support. The majority of work will be executed during 4Q 2022 and 1Q 2023 by the CSVs Normand Australis, Normand Fortress, Normand Frontier and Normand Navigator.

The clients are recognized operators in the Offshore-Wind and Oil & Gas industry.

Skudeneshavn, August 31st, 2022

Lars Peder Solstad CEO, at +47 91 31 85 85
Kjetil Ramstad CFO, at +47 90 75 94 89

Solstad Offshore ASA