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

FOS Picks Incat Crowther to Design Fast CTV Fleet for Shell’s Brunei Ops

Gulf Marine Services Profit Plunges After Gulf Vessel Evacuations

Toyo, OneSubsea Form Subsea CCS Partnership

Philippines Seeks US Extension to Buy Russian Oil

Middle East Producers Gear Up for Hormuz Export Restart

Nam Cheong Locks In Two OSV Charters amid Tight Southeast Asia Supply

France Leads 15-Country Effort to Reopen Strait of Hormuz

Oil Tumbles, Stocks Surge on Middle East Ceasefire

IEA: Current Oil And Gas Crisis Exceeds Past Shocks Combined

Asian Buyers Rush for Russian Oil Amid Supply Disruption

Current News

TotalEnergies, QatarEnergy, ConocoPhillips Ink MOU to Review Offshore Syria

Norway O&G Revenue Forecast Jumps 30% for '26

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

FOS Picks Incat Crowther to Design Fast CTV Fleet for Shell’s Brunei Ops

Dolphin Drilling Boosts Backlog with Harbour Energy Deal, Oil India Extension

Oil Prices Edge Higher Amid Uncertainty Over Iran Deal

ADNOC Drilling Posts Record First-Quarter Results with 5% Revenue Rise

Oil Jumps 4% After Trump Rejects Iran’s Peace Response

Lloyd’s Register Approves Wison’s Internal Turret FPSO Concept

Gulf Marine Services Profit Plunges After Gulf Vessel Evacuations

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