Contracts for Nor Australis and Normand Pacific

Solstad Farstad ASA (“SOFF”) has entered into a contract with Magseis ASA for the CSV “Nor Australis” for operations in South East Asia using proprietary MASS nodes. The project includes several major oil companies as end clients.

The contract will commence in Q3 2018 and last for approximately three months.

Furthermore, SolstadFarstad is pleased to announce that Prysmian Powerlink Srl has declared their option to extend the present contract for the CSV, Normand Pacific. This will see the Vessel firm period extended until October 31st, 2019. 

Skudeneshavn July 25th, 2018

Lars Peder Solstad CEO, at +47 91 31 85 85
Anders Hall Jomaas CFO, at +47 40 04 29 18

This information is subject of the disclosure requirements according to the Norwegian Securities Trading Act section §5-12