Sale of vessel

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Farstad Marine AS, a wholly owned subsidiary of Solstad Offshore ASA, has sold the PSV Far Supplier (built 1999, 6.700 BHP). Delivery of the vessel to the new owner took place on Wednesday November 21st, 2018.  

The sale of the vessel will result in a minor positive accounting effect for 4Q 2018.

Skudeneshavn, November 21st, 2018

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

Solstad Offshore ASA