Investors

A company with talented employees, a modern fleet and a worldwide presence.

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Solstad in brief

Solstad Offshore ASA is a leading provider of specialized offshore tonnage to the global energy markets. Solstad Offshore has 7 vessels and more than 500 employees.

Solstad Offshore ASA owns today 31,6% of Solstad Maritime Holding AS a leading provider of specialized offshore tonnage to the global energy markets. Solstad Maritime Holding AS has 35 vessels and more than 1.500 employees. The Company has a worldwide operation, with particular focus on Brazil, North Sea, South East Asia, Australia and Africa.

Over the past decade, Solstad has taken considerable measures to lowering its carbon footprint with the hugely successful Solstad Green Operations program, standing them in good stead to remain at the forefront of specialized offshore shipping for years to come.

Meet the people who steer the ship:

2024

Financial
Calendar

EventDate
4Q Report 202329.02.2024
Annual Report 202330.04.2024
AGM 202330.05.2024
1Q Report 202415.05.2024
2Q Report 202417.07.2024
3Q Report 202406.11.2024

Refinancing Presentation 25.10.23

INVESTORS NEWS

Company Disclosure

Presentation of the 4th quarter 2023

Solstad Offshore ASA presented the 4th quarter results in a webcast today, 1st of March 2024, at 09:00 CEST.

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Company Disclosure

Financial report for the 4[th] quarter 2023

Solstad achieved a solid EBITDA margin of 46% in 4Q 2023.

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Company Disclosure

Sale of vessel

Solstad Rederi AS, a wholly owned subsidiary of Solstad Maritime Holding AS, has sold the AHTS Far Sound and AHTS Far Scimitar.

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Company Disclosure

Invitation to webcast – presentation of fourth quarter 2023 results

Solstad Offshore welcomes to presentation of its 4Q 2023 report, Friday, March 1st, 2024, at 09:00 am. The presentation will be held by Lars Peder Solstad and Kjetil Ramstad.

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Company Disclosure

New contract for “Normand Tonjer”

Solstad Offshore ASA (SOFF) is pleased to announce a new contract for the CSV “Normand Tonjer” with an international client. The contract has a duration of 18 months firm with the possibility of 2 x 180 days extension.

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Normand Tonjer Seismic1

Company Disclosure

Request for extraordinary general meeting is withdrawn

Reference is made to the stock exchange announcement dated 7 December 2023 regarding a request from Kistefos AS (“Kistefos”) that the board of Solstad Offshore ASA (“SOFF”) convenes an extraordinary general meeting in SOFF, and the stock exchange notice dated 18 December 2023 in which it was announced that the date for the general meeting had been postponed in understanding with Kistefos.

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Company Disclosure

New contract for CSV “Normand Fortress” and contract extension for CSV “Normand Valiant” in Brazil

Solstad Offshore ASA (Solstad) is pleased to announce a new contract for the CSV “Normand Fortress” with PETROBRAS. The contract has a duration of 2 years firm with possibility of 2 years extension. The vessel will provide accommodation services to support production activities on Brazilian continental shelf. Commencement of the contract is 2Q 2024. 

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Company Disclosure

Refinancing of Solstad Offshore successfully completed

Skudeneshavn, January 16, 2024 – Solstad Offshore ASA (“SOFF” and, together with its subsidiaries, the “Solstad Group”) is pleased to announce that its subsidiary Solstad Shipholding AS has successfully completed the refinancing as outlined in the stock exchange announcement dated 23 October 2023 (the “Refinancing”).

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Company Disclosure

Purchase of CSV Normand Tonjer

Solstad Offshore ASA (“Solstad” or “SOFF”) has exercised its option to purchase the CSV Normand Tonjer from Norwegian Mpsv AS (“Mpsv”) at attractive terms for Solstad.

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Company Disclosure

General meeting in Solstad Offshore ASA

Reference is made to the stock exchange announcement dated 7 December 2023 regarding a request from Kistefos AS (“Kistefos”) that the board of Solstad Offshore ASA (“SOFF”) convenes an extraordinary general meeting in SOFF.

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Annual Reports

YearDownload
2022Report (.pdf)
Report (zip / XBRL)
2021Report (.pdf)
Report (.zip / XBRL)
2020Report
2019Report
2018Report
2017Report
2016Report
2016 – FARReport
2016 – DESSReport

Sustainability Reports

YearDownload
2022Report
2021Report
2020Report

THIS OVERVIEW IS UPDATED WEEKLY

Largest Shareholders

Annual General Meeting

Click on button to access Minutes and other related documents.

Remuneration guideline & report

YearReport
2022Report
2021Report

Articles of Association

Nomination Committee

Please see below guidelines of the Nomination Committee in Solstad Offshore ASA.

Contact information nomination committe:
Mr. Rune Lande Chairman of the committe, 
E-mail: lande@eikesdal.eu 
Phone: +47 90 12 56 98

Contact

We aim to maintain an open dialogue and serve relevant information to all of Solstad Offshore’s shareholders, potential investors, analysts and other stakeholders.

For questions or enquiries related to investments, please do not hesitate to contact us on investor.relations@solstad.com. For other enquiries, please contact one of our offices.

Bonds

Bond issueTitleDocument
2016/2024Bond Restructuring Agreement – 2016Download PDF
2016/2024Amendment and Restatement – Signed Agreement 2016Download PDF
2016/2024Secured Bond Agreement – 2016Download PDF
2014/2019Nordic Trustee AgreementDownload PDF
2014/2019Solstad Offshore ASA – Registration DocumentDownload PDF
2014/2019Solstad Offshore ASA – Securities NoteDownload PDF

Corporate Governance

Corporate governance in Solstad Offshore ASA is based on the Norwegian Code of Practice for Corporate Governance of 17th October 2018 (the Code). The Company is listed on the Oslo Stock Exchange (OSEBX) and is subject to Norwegian corporate, accounting, exchange listing and securities trading legislation.

Corporate Social Responsibility

By profitable and responsible operations our company shall create positive financial, environmental and social effects.

We shall run our company in accordance with current laws and regulations as well as good business practice. We shall show respect for people, employees and their rights, and establish good procedures and standards in our HSE work. 

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