Solstad Offshore Nets Medium-term Deals for Offshore Construction Vessel Duo

Bartolomej Tomic
Wednesday, July 21, 2021

Norwegian offshore vessel owner Solstad Offshore said Tuesday it had secured two contracts for its large construction vessels.

The medium-term contracts are for the vessels Normand Navigator and Normand Frontier.

The Normand Navigator, a 142,6 meters long vessel built in 2015, has been awarded a contract with an undisclosed client in South East Asia. The work is scheduled to start in September 2021 and will keep the vessel utilized until the end of the year, Solstad said. The vessel is currently in India, with AIS data showing it as being en route to an offshore field on the east coast.

As for the Normand Frontier, the vessel, delivered in 2014, has been awarded a contract in South America with an unnamed "large international contractor."

Solstad Offshore said that the contract term for the Normand Frontier was for 100 days firm plus 60 days options excluding mobilization and demobilization. 

"The vessel will support an ultra-deep subsea project. The vessel has already started mobilization activities," Solstad Offshore said.

According to AIS data from MarineTraffic.com, the Normand Frontier is currently in Asia, having recently Departed from Indonesia, en route to Male, Maldives. 

Solstad Offshore did not share the financial details.

Categories: Offshore Vessels Industry News Activity South America Asia

Related Stories

Velesto Inks Five-Year Drilling Deal for Jack-Up Rig with Petronas

Qatar LNG Halt Forces Asia to Seek Alternative Supplies

Inpex Eyes Mid-Year Bids for $21B Indonesia LNG Project

Eni Nears FID for Indonesia’s Offshore Gas Projects

Seatrium Targets $40M Cost Savings in Continued Divestment Drive

MISC Secures Long-Term Charter for Papua New Guinea's First FSO

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Woodside to Supply LNG to JERA During Japan's Winter Peak

Seatrium Maintains $12.8B Order Book on Renewables and FPSO Progress

Current News

Petronas Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project

Velesto Inks Five-Year Drilling Deal for Jack-Up Rig with Petronas

Arabian Drilling Reactivates Fleet as GCC Offshore Contract Starts

Qatar LNG Halt Forces Asia to Seek Alternative Supplies

China Looks Best Placed to Weather Iran Energy Shock

Qatar Stops LNG Output, Other O&G Fields Shut as War Rages

Oil Up 8% as Middle Eastern War Rages

QatarEnergy Selects Technip Energies JV for North Field West Expansion Work

Velesto Lands Jack-Up Drilling Deal with Jadestone off Malaysia

Inpex Eyes Mid-Year Bids for $21B Indonesia LNG Project

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