Skip to main content

Solstad Offshore awarded multiple contracts

Published by
Oilfield Technology,

Solstad Offshore ASA has entered into contracts for three of its large PSVs.

Normand Service (ex. Sea Spider, 2014 built PX 105) or sister vessel has been contracted to GeoSea for a period of 180 days firm plus up to seven months of options. The vessel will support wind farm installation operations at the Moray Firth Eastern Development. Commencement is in Q2 2019.

Sea Spear and Sea Supra (2014 built PX 105 PSVs) have been fixed to an undisclosed client for three months firm each, plus options, with commencement in Q2 2019.

Sea Spear (2014 built PX 105 PSV) has been contracted to Saipem in the Mediterranean with commencement in February 2019 for a period of 45 days firm plus options.

In addition, Solstad has entered into a new contract for the AHTS, Far Sagaris (2009, UT 731CD, 286t BP) with Queiroz Galvão Exploração e Produção S.A (QGEP) in Brazil. This new charter contract is firm for 95 days with 180 days option with commencement in February 2019 and it is in direct continuation with current charter of Far Sagaris.

As previous announced AHTS, Normand Pioneer has replaced Far Sagaris at its previous charter contract with QGEP, that is firm up to Q1 2021.

Far Sagaris shall keep supporting production activities at the Atlanta Field in Santos Basin.

The latest awards contribute positively to the Solstad fleet contract backlog at rates that reflect a gradually improving market.

Read the article online at:

You might also like

Professor Andrew Woods reports on oil & gas industry safety risks

A report on the safety risk of working in confined spaces, developed by Professor Andrew Woods of the BP Institute at Cambridge University, indicates that many organisations in the oil & gas industries have been operating below the generally tolerable levels of safety risk.


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

Upstream news Offshore news Oil & gas news