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

South Korean Firm Buys Into Indonesian Offshore Oil Block

Yinson Production Cuts First Steel for Vietnam-Bound FSO

CNOOC Makes Major Oil Discovery in Bohai Sea

DOF Bags Two Deals in Asia-Pacific Region

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

TotalEnergies Sells Stake in Malaysia’s Block to Thailand’s PTTEP

How Hot Is Your Cable? Understanding Subsea Cable Thermal Performance

DOF Secures Moorings Hook-Up Job in Asia Pacific

Marco Polo Picks Salt Ship Design for Next-Gen Offshore Energy CSOV

Current News

Saipem Lands $425M Turkish Gas Contract in Sakarya Expansion

OE’s 2025 Top of the Festive Video Pops: Santa Goes Offshore

India Seeks $30B from Reliance, BP Over Gas Shortfall at Offshore Fields

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

South Korean Firm Buys Into Indonesian Offshore Oil Block

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

Yinson Production Cuts First Steel for Vietnam-Bound FSO

CNOOC Makes Major Oil Discovery in Bohai Sea

DOF Bags Two Deals in Asia-Pacific Region

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