Awarded contracts in the UK

Fairfield Betula Limited ("Fairfield") has awarded Solstad Offshore ASA
("Solstad") long-term contracts for two the Platform Supply Vessels "Far
Symphony" and "Normand Aurora" in the UK Sector, North Sea. The Far Symphony
(2003, P105 Design) has been contracted for 18 months firm plus options,
commencing mid-October 2018, and continues to support Fairfield's UK operations
having done so since April 2017. The Normand Aurora (2005, P105 Design) contract
is for 12 months plus options, commencing mid-January 2019.

"Solstad is pleased to have been recognized as a preferred supplier by another
important North Sea client. This furthers an already commendable relationship
with Fairfield which we hope continues well into the future.", states Jon Are
Gummedal EVP PSV/AHTS International.

Skudeneshavn, October 12th, 2018

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

Solstad Offshore ASA
www.solstad.com

This information is subject of the disclosure requirements according to the
Norwegian Securities Trading Act section ยง5-12