News and media

Solstad Offshore ASA

Restructuring implementation agreement – update

Reference is made to the stock exchange notice 29 May 2020 where Solstad Offshore ASA (“SOFF””) informed that credit committee approvals have been provided by a vast majority of the secured lenders participating in the restructuring of SOFF and its subsidiaries, and that remaining relevant secured lenders were expected to provide approvals within 5-10 days.

Solstad Offshore ASA

Notice of Annual General Meeting

The Annual General Meeting of Solstad Offshore ASA will be held at the company’s office in Skudeneshavn on Friday June 26th, 2020 at 10:00 am.

Solstad Offshore ASA

Kjetil Ramstad is appointed as new CFO in Solstad Offshore ASA

Mr. Kjetil Ramstad will take up the CFO position as of today, June 2nd 2020. He comes from the position as Finance Director in Solstad Offshore and has worked for the company since 2018. He also brings experience from the position as Finance Director and CFO for the DeepOcean group from 2008 to 2018.

Solstad Offshore ASA

Restructuring implementation agreement – update

Reference is made to the stock exchange notice 8 May 2020 where Solstad Offshore ASA (the “Company”) and its subsidiaries (“SOFF” or the “Group”) informed that it had agreed a Restructuring Implementation Agreement (the “RIA”) for a restructuring of the Group (the “Restructuring”).

Solstad Offshore ASA

Bondholder meetings

Reference is made to the stock exchange notice on 14 May 2020 in which it was advised that bondholder meetings were summoned for 29 May 2020 for the SOFF 04 (ISIN NO 0010713548) and the Solship Invest 1 AS bond issues (ISIN 0010779945).

Solstad Offshore ASA

Financial report for the 1st quarter 2020

The Company’s revenue in 2020 is expected to be negatively affected by the COVID-19 pandemic and sharp decline in the oil price.

Solstad Offshore ASA

Annual Report 2019

Please find attached the Annual Report 2019 for Solstad Offshore ASA (“The Company”). The Annual Report is also available from the company’s web site www.solstad.com.

WIS Ambassador

Monica Menezes

She has inspired many with her story “Journey to the top” in becoming our first female Captain in the Brazilian fleet, which she held at our first Global Women in Solstad Conference in 2021.

Monica graduated with a degree in Nautical Science and holds a Postgraduate degree in Oil&Gas Business, Finance and Private Banking.

WIS Ambassador

Lars Peder Solstad

We have many strong role models already in our fleet and in our offices and they are very active to market “life at sea” and what career opportunities there are for women in the company.

To reach our goal, it requires leadership, willingness and targeted work when recruiting and when promoting.

Brazil is where we have the highest number of female seafarers and also in operational and commercial positions onshore. This is a result of dedicated work over a long period and it shows good results. We seek to share the knowledge from Brazil to other parts of our global organization to learn and improve.

WIS Ambassador

Per Stange

Our ambition is to have an increased share of women in Solstad and offshore in particular. We want to be an attractive and preferred employer for women who is looking for a maritime career.

We promote not only the possibility to make a career as a seafarer, but also the interesting opportunities you have for an onshore career with maritime and operational experience. There are numerous opportunities both offshore and onshore in Solstad.