Solstad Secures Contracts for Several PSVs, Anchor Handlers

OE Staff
Wednesday, July 7, 2021

Norwegian offshore vessel owner Solstad Offshore said Wednesday it had won multiple vessel contracts and extensions, with a duration of the contracts of around 1,000 vessel days in total.

Solstad's platform supply vessel Normand Leader has been contracted to support a project offshore Australia. The contract is scheduled to start in Q3 2021 and will keep the PSV busy throughout 2021.

The company further said that the charterers of the PSV Normand Tortuga have declared options to extend the current contract until the end of 2021. The vessel operates in New Zealand.

Further, Shell has hired the platform supplier Normand Swift for work in Brazil. The contract is slated to start in the fourth quarter of the year.

Also, platform supply vessels Normand Sitella, Sea Spear, and Sea Spark have been contracted to support a seasonal drilling campaign outside the North Sea. The start-up is scheduled for July 2021. Solstad did not share the identity of the client.

Solstad further said that charterers of PSVs Normand Serenade and Normand Arctic have extended the vessels to Q4 2021. Both vessels operate in Norway.

Solstad’s anchor handlers currently trading the North Sea spot market have been awarded multiple project contracts in Q3 and Q4 2021, the company said.

According to the Norwegian offshore vessel owner, apart from 1,000 vessel days secured for the firm portions of the contract, and there are options to extend the contracts further. The company did not share financial details of the agreements.

Categories: Vessels Offshore

Related Stories

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

ABL Gets Papua New Guinea FSO Job

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

James Fisher, Aquaterra Launch Global Decommissioning Partnership

Offshore Vessel Pair Ordered from Grandweld Shipyard

MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

ASCO Sets Up Shop in Qatar to Drive Middle East Expansion

Post-War Gulf Faces Push for Alternative Export Routes

Japan’s Shipping Industry Awaits Clarifications on Hormuz Reopening

Current News

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com