(Source: Solstad Offshore)
Solstad Offshore ASA has entered into medium-term contracts on May 4 for six of its vessels for a period of 80 to 170 days each with undisclosed clients. Commencement will be around July 1 and the operation will be outside of the North Sea.
The nominated vessels are the PSVs Normand Supra, Normand Surfer, Normand Serenade, Normand Sitella and Sea Spear, in addition to the AHTS Far Sigma.
The contracts will significantly reduce the company’s North Sea spot market exposure in 2020.
Recommended Reading
E&P Highlights: Jan. 6, 2025
2025-01-06 - Here’s a roundup of the latest E&P headlines, including company resignations and promotions and the acquisition of an oilfield service and supply company.
E&P Highlights: Jan. 21, 2025
2025-01-21 - Here’s a roundup of the latest E&P headlines, with Flowserve getting a contract from ADNOC and a couple of offshore oil and gas discoveries.
Analysts’ Oilfield Services Forecast: Muddling Through 2025
2025-01-21 - Industry analysts see flat spending and production affecting key OFS players in the year ahead.
E&P Highlights: Feb. 10, 2025
2025-02-10 - Here’s a roundup of the latest E&P headlines, from a Beetaloo well stimulated in Australia to new oil production in China.
Delivering Dividends Through Digital Technology
2024-12-30 - Increasing automation is creating a step change across the oil and gas life cycle.