Contract extension with ENI

Solstad Offshore ASA ("SOFF") has been awarded a contract extension for the AHTS
Far Statesman. The contract is approximately five months of work for end user
ENI to support their deepwater drilling campaign offshore Indonesia. The
contract will commence in January 2019 in direct continuation of the vessels
current employment. The vessel has been supporting end user ENI Indonesia since
July 2018.

Skudeneshavn, January 2nd, 2019

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 ยง 5-12