Solstad Offshore Sells Platform Supplier

Published

Credit: Solstad Offshore
Credit: Solstad Offshore

Solstad Offshore's subsidiary Farstad Supply has sold its platform supply vessel Far Splendour.

According to Solstad, the 74 meters-long vessel was delivered to the new owner on Monday, May 10, 2021.

"The sale of the vessel will result in an immaterial accounting effect for Q2-2021," Solstad Offshore said.

The company did not say who the buyer was, nor for what price the vessel was sold. VesselsValue, as per May 9, valued the platform supplier at $1.78 million.

The medium-sized platform supply vessel of the Ulstein P106 design was built by Ulstein Verft in 2003.

Current News

CNOOC Makes Ultra-Deep Gas Discovery in China's Bohai Sea

CNOOC Makes Ultra-Deep Gas Dis

SBM Offshore Raises Revenue Forecast as FPSO Sales Surge

SBM Offshore Raises Revenue Fo

Norway's Oil and Gas Spending Outlook Shifts Toward 2027

Norway's Oil and Gas Spending

DOF Group Announces CSV Contract Award and Extension

DOF Group Announces CSV Contra

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine