The “Solstad Green Operations” campaign has a new vessel on top for the first quarter in 2014. The crew on Normand Master has been working with improving the reporting frequency the last year. Q1-2014 was a success on board, and the crew was rewarded with the “Greenest vessel award” for the same quarter. Normand Master has been operating for Petrobras in Brazil.
On Monday March 31st, Lars Peder Solstad was elected new president of the Norwegian Shipowners Association (NSA). He takes over the position from Trond Kleivdal.
As part of our environmental efforts, Solstad Offshore is also this year participating in the environmental project - "Earth hour".
In a ceremony at the Solstad office in Skudeneshavn today, Posten Norge (Norwegian Mail) officially launched a new stamp picturing Normand Arctic.
Solstad Offshore ASA (SOFF) has signed a Letter of Intent (LOI) with a major international offshore contracting company to construct and operate a large subsea construction vessel.
Solstad Offshore ASA (SOFF) has entered into agreements for the sale of “Normand Tonjer” and «Nor Sun» to international buyers.
Normand Progress has for the first time taken the top position in our quarterly SGO competition. Normand Progress has been operating in West Africa, doing a variety of work including ROV work.
Tehcnip UK Limited (Technip) has exercised the first of two yearly options to extend existing frame agreement with Solstad Offshore ASA (SOFF) for supply of vessels for construction and subsea services.
The owners of DeepWell AS (DW), where Solstad Offshore ASA (SOFF) have an ownership share of some 40%, have entered into a cooperation agreement with HitecVision AS (HV) to enable further development of the company. DW will in the near future do a share issue towards HV of NOK 285 mill. The share issue is based on an enterprise value of NOK 400 mill. SOFF’s ownership share in DW after the share issue will be in excess of 20%.