Solstad Offshore ASA ("Solstad") has entered into a contract with Woodside for
the provision of six vessels, of which two are Anchor Handlers and four are
Platform Supply Vessels, to provide marine services for several offshore
drilling campaigns in Australian waters commencing in December 2019.
Normand Saracen, Far Senator, Normand Leader, Normand Skimmer, Normand Swan and
Far Seeker will be contracted to Woodside for a combined firm period of 1100
vessel-days, with Woodside having access to a further combined total of 3000
optional vessel-days.
The Normand Leader, a dual fuel powered PSV, will be mobilised from the North
Sea to Australia and she will be operated in LNG mode during her charter period
on the North West Shelf supporting Woodside's 'Green Corridor Initiative.'
These contract awards are unique in scale and volume and are testament to
Woodside's commitment to developing new ways of working to support their Burrup
Hub vision.
Solstad CEO Lars Peder Solstad stated, "This is an exciting collaboration that
supports both the Woodside and Solstad low emissions strategy, whilst providing
a comprehensive vessel package consisting of six high quality vessels from a
single Marine Partner. We would like to thank Woodside for this unique
opportunity, and we look forward to a safe and efficient campaign"
Preparations have already started for the significant mobilisation campaign
required to be completed ahead of offshore commencement later this year.
"We have a very busy preparatory period ahead of us in the coming months which
has already kicked off in earnest. Mobilising six vessels for a single campaign
is something a vessel operator is rarely required to do, so our main focus is
that we plan diligently and execute safely," said Managing Director for Solstad
Offshore Asia Pacific, Keith Soutar.
Skudeneshavn, November 8[th], 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.