Solstad Offshore Wins Contracts for CSV Trio

Tuesday, November 1, 2022

Norwegian offshore vessel company Solstad Offshore has won contracts for three of its subsea construction vessels (CSV).

Normand Vision has been awarded a new contract with Havfram AS for a period of 3 years firm plus an option for an extra 2 years. The contract will start in January 2024, in direct continuation of present agreement with Havfram.

Normand Ocean has been awarded an extension and a new contract with DeepOcean AS for a total period of 2 years firm from January 2024. DeepOcean will have an option for an additional one year.

Normand Pioneer has been awarded a Letter of Intent for a contract with an unnamed "major energy company" in South America for a period of 14 months plus an option for an additional one year. The contract will start in November 2022.

The contracts have a combined time charter value of approximately NOK 1,6 billion (USD 154,46 million)

Categories: Offshore Energy Vessels Industry News Activity Construction

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