Solstad Offshore to provide PSV for OMV Taranaki

Published by Nicholas Woodroof, Editor
Oilfield Technology, Wednesday, 29 January 2020 10:30

Solstad Offshore ASA has entered into a contract with OMV Taranaki Ltd for the provision of a platform supply vessel (PSV) to support their upcoming Crestal infield drilling campaign at the Maui A Platform offshore New Zealand.

The PSV Normand Tortuga will commence the contract in Taranaki by mid-March for a firm period of 250 days with 11 months of options thereafter.

“We are delighted to receive this contract award from OMV. The New Zealand marketplace has been a key strategic target of ours and, further to the recent CSV Normand Baltic contract award, this additional contract will now result in two vessels being in region commencing 1Q20/2Q20,” said Keith Soutar, Solstad Offshore Managing Director, Asia Pacific.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/29012020/solstad-offshore-to-provide-psv-for-omv-taranaki/

Rystad Energy: M&A boom in South East Asia to see US$5 billion of upstream assets for sale

Tuesday 28 March 2023 09:25

Southeast Asia will be a hotbed for upstream mergers and acquisitions (M&A) in the next two years, with more than US$5 billion of assets up for grabs, Rystad Energy research shows.

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