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Solstad Offshore orders a subsea vessel and signs longterm contract with Reach Subsea ASA
Solstad Offshore ASA (SOFF) has entered into a new contract with STX OSV AS for building of a construction service vessel (CSV) of type OSCV 03. The vessel’s contract value is around NOK 600 million and she will be delivered during 2nd quarter 2014.
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The fourth quarter in 2012 has now been closed and a Solstad Green Operations winner for this quarter has been announced.
Normand Pacific is again on top, with 521 Green Operations in Q4 - 2012 the crew on this vessel has shown determination and will to climb all the way to the top. Looking at the Solstad Green Operations report from Pacific we can see that they have used every possible opportunity to save fuel, and in average every record has given them 0,9 SGO points, but we also find records with as little as 70 liters in savings, but still 0.1 SGO as a result. If we combine this with the good reporting culture on Pacific we get good results this quarter.
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Contract awards for Normand Tonjer and Normand Flower
Solstad Offshore ASA (SOFF) has been awarded a contract with Gwynt Y Mor Offshore Wind Farm ltd (60% RWE Innogy GmbH, 30% Stadwerke München Gmbh and 10% Siemens AG) for the CSV "Normand Tonjer".
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Financial Report for the 3rd Quarter 2012
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The race for SGO fame and glory in Q3 - 2012 has come to an end, and we have a proud winner.
Normand Atlantic with 272 Green Operations won the quarterly competition this time. Looking at the Solstad Green Operations report we can see that Normand Atlantic's focus area has been on the main engine, like on board many of our vessels. This category has become the most popular category, maybe it is because of the immediate effect it has on the fuel consumption. Normand Atlantic has been doing many rig operations this quarter, despite the high level of safety and complexity in these operations they have managed to keep a high environmental focus on board, which is very good.
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Contract Award for "NOR Captain"
Solstad Offshore ASA (SOFF) has been awarded a contract with a consortium in Indonesia led by Mitra / Titan Resources for the «Nor Captain» (AHTS / 10.880 bhp / buildt 2007).
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Great interest for Solstad Offshore at ONS
Solstad Offshore has received substantial interest for its environmental programme, since the introduction of the Climate Neutral Operations (CNO) in 2010. Today, King Harald of Norway, visited Solstad's stand at ONS to learn more about the company and its environmental efforts.
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Financial Report for the 2nd Quarter 2012
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Substantial charter agreement for the DLB "Norce Endeavour"
Solstad Offshore ASA ("SOFF") has signed a contract with Leighton Contractors Pty Ltd ("Leighton") in Australia for charter of the DLB "Norce Endeavour".
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CONTRACT AWARD FOR “NOR TIGERFISH”
Solstad Offshore ASA (SOFF) has been awarded a contract with a large oilcompany for the 5500 bhp AHTS «Nor Tigerfish». The duration of the contract is 1 year firm and with 2x3 months options.
TERMS AND CONDITIONS SOLSTAD OFFSHORE ASA · P.O.BOX 13 · N-4297 SKUDENESHAVN · NORWAY · T:(+47) 52856500 · FIRMAPOST@SOLSTAD.NO