Solstad News

Ørsted Hires Solstad Offshore Vessel for Offshore Wind Farm Work in Taiwan

Sep 07, 2020

Norwegian offshore vessel operator Solstad Offshore has won its second offshore wind contract in Taiwan in less than a month.Following an offshore wind contract award with an unnamed firm in Taiwan for its construction support vessel Normand Baltic…

Solstad Nabs More Work for Offshore Vessel Trio in Australia

Aug 11, 2020

Norwegian offshore vessel owner Solstad Offshore has secured more work for three of its offshore vessels in Australia, following a recently announced deal with BP.As previously reported, Solstad offshore earlier in August said BP would use two…

Ocean Installer Charters Solstad's Construction Support Vessel

Aug 13, 2020

Norwegian offshore installation company Ocean Installer has awarded Solstad Offshore a contract for the Normand Vision construction support vessel.Solstad Offshore said Thursday that the contract would start in the first quarter [of 2020] and the firm and optional periods cover the majority of 2021…

Solstad Nets Offshore Wind Deal for Normand Baltic Vessel

Aug 12, 2020

Solstad Offshore's construction support vessel Normand Baltic has won an offshore wind gig in Taiwan.The Norwegian offshore vessel owner said Wednesday the contract for the use of the 2010-built  Normand Baltic was with undisclosed EPIC contractor…

Solstad Offshore's Vessels Score Extensions with Total and Equinor

Aug 07, 2020

Norwegian offshore supply vessel owner Solstad offshore has secured several contract extensions with oil companies Total and Equinor in Brazil.France's Total has extended the contracts for the platform supply vessel Normand Swift and the AHTS vessel Far Sagaris until December 2020…

BP Charters Solstad Offshore Vessel Trio for Ironbark Drilling Support

Aug 03, 2020

BP has chartered Solstad Offshore's three offshore support vessels to support its Ironbark drilling campaign in Australia.Norway's based offshore vessel owner Solstad Offshore said Monday that BP had awarded contracts for two anchor handling tug and supply vessels Normand Saracen and Far Senator…

Petrobras Awards Fugro Three Long-Term ROV Contracts

Aug 26, 2020

Dutch offshore services company Fugro has won three long-term contracts by Petrobras to provide remotely operated vehicle (ROV) services for a variety of subsea activities in Brazil.'All three contracts are for 3-year firm periods with additional 1-year options…

Solstad Offshore Names New CFO

Jun 02, 2020

Norwegian offshore vessel provider Solstad Offshore has appointed Kjetil Ramstad as the CFO position. Ramstad comes from the position as Finance Director in Solstad Offshore and has worked for the company since 2018. Prior to joining Solstad Offshore…

Solstad: COVID-19, Low Prices to Hit 2020 Revenue

May 28, 2020

Norwegian offshore vessel owner Solstad Offshore on Thursday posted a higher 1Q revenue but expects its full-year revenue in 2020 to be negatively affected by the COVID-19 pandemic and sharp decline in the oil price.Solstad’s revenue for the first quarter of 2020 was MNOK 1…

Long-term Charters for Solstad Offshore Anchor Handlers in Brazil

Jun 16, 2020

Norwegian offshore vessel owner Solstad Offshore has secured long-term charters for two of its anchor handling tug and supply vessels in Brazil.Solstad said Tuesday that Petrobras had chartered its AHTS vessels Far Sagaris and Far Statesman for a period of three years…

Solstad Offshore Lands Work for PSV Trio

Jun 12, 2020

Norwegian offshore vessel operator Solstad Offshore has won two longer-term platform supply vessel contracts, and one PSV extension.Solstad said Thursday that 'a leading North Sea operator' had awarded it contracts for two Platform Supply Vessels (PSV) for a period of six months firm plus options…

VesselsValue Takes a Deeper Look at Norway's OSVs

May 08, 2020

In last month’s column, I focused on how the Covid-19 situation had affected various offshore operating regions around the globe. In this article, we shall focus on Europe, with attention paid to Norway and Solstad Offshore’s recently announced financial restructuring…

Petrobras Charters DOF Offshore Vessel Trio

Jun 16, 2020

Norwegian offshore vessel operator DOF has secured long-term charters for a trio of anchor handling units with Petrobras in Brazil.DOF said Tuesday Petrobras had awarded its Skandi Urca and Skandi Fluminense vessels 2+2 year contracts with the start in September 2020…

Solstad Offshore Secures Work for Two CSVs

May 11, 2020

Norwegian offshore vessel owner Solstad Offshore has said it has won contracts for two of its vessels.First, the company's Brazilian flagged construction support vessel Far Saga has been awarded a contract with Petrobras in Brazil.The contract is for a period of 3 years firm…

Solstad Wins Medium-Term Charters for Six Vessels

May 04, 2020

Norwegian offshore vessel owner Solstad Offshore has entered into medium-term contracts for six of its vessels.The contracts are for a period of 80 to 170 days each with undisclosed clients. The contracts are expected to start around July 1 and the operations are outside the North Sea…

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