Contract awards in the Middle East and Mediterranean

Solstad Offshore ASA has been awarded several contracts in the Middle East and Mediterranean.

The present contract for the PSV Far Swan has been extended with one year and is now firm to 4Q 2021. 

The vessel continues to support drilling operations in the Middle East with one of the major operators in the region. Also, the contract for the PSV Sea Spark has been extended with 6 months to July 2020 to support drilling operations in the Mediterranean.

In addition, the PSV’s Normand Surfer and Normand Supra have been contracted by Saipem, also for work in the Mediterranean. Commencement will be during December 2019 for a firm period of 60 days each.

Skudeneshavn, December 5th, 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.