Solstad Offshore could today announce contracts for the AHTS vessels Normand Borg and Normand Draupne.
Solstad Offshore ASA has entered into a contract with STX Norway Offshore AS (STX) for the construction of one Platform Supply vessel of PSV 12 LNG design. The value of the contract is approximately NOK 450 million and delivery is scheduled to November 2011.
Nor Offshore Ltd. (NOR), a Singapore incorporated company which is 50% owned by Solstad Offshore ASA (SOFF), submitted a listing application on 18 February 2010 to the Singapore Exchange Securities Trading Limited (SGX-ST) and on 21 May 2010 received the conditional eligibility-to-list letter (“ETL Letter”) from SGX-ST for the listing of NOR on the Mainboard of the SGX-ST. The ETL Letter is not an indication of the merits of the IPO, NOR, its subsidiaries, its shares and the new shares to be issued pursuant to the IPO.
Solstad today announced new updates on contracts for the PSV Normand Skipper and for the AHTS Nor Sun.
The Solstad fuel campaign (also known as Solstad Green Operations), has been a great success and the company now introduces another incentive to the participants of the campaign.
Solstad Offshore ASA (SOFF) has entered into a charter agreement with Veolia ES Special Services Inc., for a period of 1 year firm + 1 optional year with commencement around 1st April 2010.
The current charter party with DeepOcean AS for the hire of the CSV "Normand Flower" has been extended.
TERMS AND CONDITIONS SOLSTAD OFFSHORE ASA · P.O.BOX 13 · N-4297 SKUDENESHAVN · NORWAY · T:(+47) 52856500 · FIRMAPOST@SOLSTAD.NO