Contract awards in Brazil

PETROBRAS – Petróleo Brasileiro S.A. has awarded SolstadFarstad a 1 year firm contract to the AHTS “Far Scout” (2001, AHTS UT 722L, 186t BP) and to the AHTS “BOS Turquesa” (2007, AHTS UT 722L, 190t BP). AHTS Far Scout will be equipped with Fugro’s FCV Work Class ROV suitable for 3.000m water depth. Both vessels will support exploration and production activities in Brazilian continental shelf. Commencement of the contract shall take place during 3Q 2018. Charterer has the option to extend the contract with further 1-year period.

Skudeneshavn, April 12th 2018

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

Solstad Farstad ASA
www.solstadfarstad.com

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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