Although Norway’s offshore segments took a pounding in share-price value on Monday — with every segment incurring losses — the consensus here is that fundamentals offshore are good, and a combination of general uncertainty and specific contract losses are what rocked investors starting their week…
Norwegian offshore service and supply ship shipping company Solstad Offshore has been awarded contracts for two platform supply vessels (PSVs) in Norway.Solstad said in a press release that Wintershall Dea had awarded a 10-well firm plus options…
The new ship owning company Sverre Farstad & Co has taken ownership of a 2016-built platform supply vessel (PSV), marking a return for the Farstad name in the Norwegian offshore sector.Farstad was one of the parties behind the June 2017 three-way merger of Norwegian ship owners Solstad Offshore…
Equinor UK Limited has declared one-year options on two Solstad Offshore ASA platform supply vessel (PSV) contracts.The Sea Frost and Sea Falcon (both 2013, PX105 Design) will now be on contract until July 2020 and November 2020 respectively…
Farstad Shipping, a wholly owned subsidiary of Norwegian offshore supply vessel owner Solstad Offshore, has sold one of its platform supply vessels (PSV).According to a press release from the Norwegian offshore service and supply ship shipping company…
While the offshore market is starting to show some positive signs, some vessel owners and operators in the sector continue to suffer.Utilization and rates for offshore supply vessels (OSV) have improved in 2019, particularly in the North Sea…
Norwegian offshore service and supply ship shipping company Solstad Offshore ASA has been awarded a contract by Ophir Thailand (Bualuang) Limited.The contract is to perform the offshore installation of the Bualuang Charlie wellhead platform…
Norwegian offshore service and supply ship shipping company Solstad Offshore has won a four-year contract extension with the seabed-to-surface engineering company Subsea 7 for the construction support vessel (CSV) Normand Subsea.The duration of the contract is now firm until 31…
Solstad Offshore announced Wednesday that Norwegian operator Aker BP has taken a pair of large platform supply vessels (PSV) on 12-month charter under a frame agreement announced earlier this month.The 2011-built Normand Arctic and 2013-built…
Norwegian offshore service and supply ship Shipping company Solstad Offshore has signed a contract with Brasil Petroleo Ltda (Shell) for the platform supply vessel (PSV) Normand Starling.The Skudeneshavn-headquartered company said in a press…
Aker BP ASA announced it has awarded frame agreements with three suppliers for the provision of platform supply vessels (PSV), in a move that aims to reorganize the value chain.The three suppliers Simon Møkster Shipping AS, Eidesvik Offshore…
Norwegian offshore service and supply ship shipping company Solstad Offshore has secured work for two of its offshore construction vessels.First, the company signed a contract with DeepOcean AS for the CSV Normand Jarstein. The contract will commence in March for the 2019 season…
Norwegian offshore service and supply ship shipping company Solstad Offshore has been awarded a contract extension for 2013-built anchor handling tug supply (AHTS) vessel Far Statesman.According to a press release, the 258-tbp Far Statesman…
Norway-based company engaged in the investment in vessels within oil-service and industrial shipping Ocean Yield ASA has entered into a standstill agreement with Solstad Offshore for two anchor handlers built in 2013, the Far Senator and Far Statesman…
Swiss-based offshore contractor has hired two platform supply vessels (PSVs) from Norwegian offshore shipping company Solstad Offshore.Norwegian offshore service and supply ship shipping company said in a press release that Allseas contracts are for two PSVs…
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