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
Analysts: NatGas Price Will Drive Next Appalachian Pipeline
2024-11-13 - Infrastructure development in the Appalachia region could also benefit from greater legislative certainty.
Energy’s Election Stakes: Regulations, Bureaucracy, Permitting
2024-10-18 - Oil and Gas Investor assembled a group of seven oil and gas executives, policy advocates and other experts to talk about what’s really at stake in the November election and the many challenges facing the energy sector, regardless of who wins.
Exclusive: MPLX's Liquid Lines Support Growing NGL Exports
2024-11-19 - MPLX Executive Vice President and COO Greg Floerke delves into the company evolution in Appalachia and the increase in its liquids exports and production scale, in this Hart Energy Exclusive interview.
McDermott to Sell Storage Business to Mason Capital-led Consortium
2024-10-07 - Roughly seven years after McDermott International acquired CB&I for $6 billion, the storage solutions business is being sold to a consortium led by Mason Capital Management.
Matterhorn Express, Partially Online, to Ease Permian Gas Bloat
2024-09-05 - The long-awaited Matterhorn Express pipeline is shipping small amounts of natural gas out of the Permian Basin, according to an E&P CEO.