Contract extension for CSV Normand Jarstein

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Solstad Offshore ASA is pleased to announce that DeepOcean AS has exercised their option to extend the contract for the CSV Normand Jarstein for a minimum period of 200 days in 2020, with commencement during 1Q. DeepOcean has the option to extend the contract with up to 1 year thereafter.

DeepOcean will utilize the vessel on their renewable energy and oil & gas projects.

Skudeneshavn, December 3rd, 2019

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

Solstad Offshore ASA

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