Solstad Offshore, DOF Sell Construction Support Vessels

OE Staff
Tuesday, November 9, 2021

Norwegian offshore vessel owners DOF and Solstad Offshore on Tuesday each announced construction support vessel sale deals.

DOF Subsea said it had agreed to sell the vessel “Geosund” to an international buyer. The estimated delivery of the vessel to the new owner is in Q1, 2022, the company said, without sharing details on the identity of the buyer. 

Geosund (Ex-Far Swan) was built in 2001 as a platform supply vessel and rebuilt to a construction support vessel in 2006.

Separately, Solstad Offshore, via its subsidiary Farstad Supply, has sold the construction support vessel Far Saga to an unnamed buyer.

The delivery of the 2001-built, 89,4 meters long vessel to the new owner took place on Monday, November 8, 2021.

"The sale of the vessel will result in a minor gain in Q4 2021," Solstad Offshore said.

 

Geosund - Credit: RIA MAAT/MarineTraffic.com

 

Categories: Offshore Energy Vessels Industry News Activity

Related Stories

Trump Calls Out California, UK Energy Deal

Cadeler’s Nexra Lines Up O&M Campaign in Taiwan

Longitude Unveils Compact PSV Design Aimed at Cost Efficiency

Current News

Eco Wave Power Wraps Up Feasibility Study for South Africa’s Wave Project

OneSubsea Gets Gullfaks Subsea Compression Upgrade by Equinor

Saipem Agrees $272M Deal to Acquire Deep Value Driller Drillship

New Alliance Targets Offshore Caisson Integrity Challenges

Subscribe for OE Digital E‑News