Contracts for two vessels in Brazil

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Petrobras has declared their options to extend the contracts for the two AHTS´s Far Scout and Far Santana with 1 year.

Both contracts are then firm to 3Q 2020 and the vessels shall support Petrobras operations in Brazilian waters.

Skudeneshavn, September 12th, 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.