Solstad Offshore ASA is pleased to announce a contract award for the subsea
construction vessel ("CSV") Normand Baltic and a contract extension for the CSV
Normand Navigator. The contracts are for renewable energy projects in North
Europe and Asia and represents a combined firm utilization of 310 days, with
additional options thereafter. Normand Baltic contract will cover the majority
of Q4-22 and Q1-2023, while Normand Navigator now has a firm contract to Q4
2023.
The contracts have a combined value of approximately NOK 320 million including
addition services, such as ROV's, Walk to Work-system and other project support.
The clients are recognized operators within the renewable energy segment.
Skudeneshavn, October 18th 2022
Contacts
Lars Peder Solstad CEO, at +47 91 31 85 85
Kjetil Ramstad CFO, at +47 90 75 94 89
Solstad Offshore ASA
www.solstad.com