Contracts for CSV’s

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Solstad Offshore has entered into a contract with DeepOcean AS for the CSV “Normand Jarstein”. The contract will commence in March for the 2019 season, with further options for 2020 and 2021.

DeepOcean will mobilize two WROV systems onboard and use the vessel on their projects within the oil & gas and renewables sectors.

Further to the above Solstad is pleased to announce that Rever Offshore UK Limited (earlier known as Bibby Offshore) have declared their 2019 option for charter of the CSV "Normand Clipper".

Operations will be in the North Sea and the contract period is minimum 120 days firm. Commencement of the contract is between 15th March and 15th April 2019.

Skudeneshavn January 9th, 2019

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

Solstad Offshore ASA
www.solstad.com

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

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