New contract for CSV “Normand Fortress” and contract extension for CSV “Normand Valiant” in Brazil
Solstad Offshore ASA (Solstad) is pleased to announce a new contract for the CSV “Normand Fortress” with PETROBRAS. The contract has a duration of 2 years firm with possibility of 2 years extension. The vessel will provide accommodation services to support production activities on Brazilian continental shelf. Commencement of the contract is 2Q 2024.
Additionally, present contract with Petrobras for CSV “Normand Valiant”, has been extended by 6 months. By this extension the firm duration of this contract is now firm until mid-February 2025.
The combined gross contract value is approximately NOK 750 million.
“Normand Fortress» and «Normand Valiant” are owned by Solstad Maritime AS, in which Solstad Offshore ASA holds 27%.
Skudeneshavn, January 23, 2024
Contacts
Lars Peder Solstad CEO, at +47 91 31 85 85
Kjetil Ramstad CFO, at +47 90 75 94 89
Solstad Offshore ASA