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Letter of Intent for charter of the CSV Normand Maximus

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Solstad Offshore ASA (“Solstad”) has received a Letter of Intent from an undisclosed subsea contractor for hire of the CSV Normand Maximus for a period of minimum 490 days with commencement first quarter 2024.

The commercial terms are confidential between the parties but are in line with present market terms for this vessel category.

The subsea construction vessel Normand Maximus is the largest vessel in the Solstad fleet, with its 900t AHC crane and 550t VLS. Normand Maximus is 178 meters long and can accommodate up to 180 people.

Skudeneshavn 12 May 2023

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

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