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%.
NB 825 was successfully launched from its yard in Tulcea, Romania today.
As many of our employees may already have noted, we are not giving away the traditional Christmas gifts from the company this year.
The Christmas edition of Solships is now being distributed to our employees and contacts all over the world.
Solstad Offshore ASA (SOFF) has entered into a contract with Ceona, where Ceona charter the CSV "Normand Pacific" for a period of 1 year firm with an additional 1 year option.