Contract Award for CSV Normand Frontier

Solstad Offshore ASA (“Solstad”) is pleased to announce a three-year contract award with an international contractor for the CSV Normand Frontier.

The firm contract has an immediate startup and will keep the Normand Frontier fully committed until end 2027.

The commercial terms are confidential, but in line with current market levels for this type of vessel.

The vessel will support the client’s operations worldwide. As part of the charter party, Solstad, together with Omega Subsea AS, will deliver two work class ROVs (WROVs) including manning, tooling, survey services, and project personnel.

Normand Frontier is owned by Solstad Maritime Holding AS, in which Solstad Offshore ASA holds 27,3%.

Skudeneshavn, January 10, 2025

Contacts

Lars Peder Solstad CEO, at +47 91 31 85 85

Kjetil Ramstad CFO, at +47 90 75 94 89

Solstad Offshore ASA

www.solstad.com