Solstad Offshore ASA (SOFF) has entered into an agreement with Subsea 7 International Contracting Limited (Subsea 7), whereby Subsea 7 will aquire 50% of the CSV "Normand Oceanic" through purchase of shares in a single purpose company to be incorporated.
Solstad Offshore could today announce contracts for several of its construction vessels.
Solstad Offshore won the Environmental award at the Annual Offshore Support Journal (OSJ) 2012 event. The company won the prize for its Green Operations initiative, which has seen the company work with the Rainforest Foundation in Norway to reduce emissions and provide funds towards protecting the rainforest.
Solstad Offshore has been awarded the prize for being the best training company of the year.
Normand Jarl took over the trone this quarter, they used the remaining 3 month in 2011 to do as much as 318 SGO's (Solstad Green Operations), and considering weather conditions in some parts of the world this is a good overall achievement. Normand Pacific was not far behind, they managed 253 and Normand Clough still on third with a steady 210. For those of you who are interested in statistic, and I know there are many of you, I can inform that the 3 vessels above produced 20% of the overall SGO number this quarter.
Solstad Offshore ASA (SOFF) has today taken delivery of “Normand Arctic" from STX OSV AS, Langsten. “Normand Arctic" is a large LNG fuelled platform supply vessel (PSV). The vessel will be trading in the North Sea for Statoil for a firm period of 3 months with additional 5 montly optins.
Normand Pacific won the quarterly competition...again, with a record high number of SGO's (Solstad Green Operations) registered: 621! Normand Jarl came in second with a nice 394, Normand Clough third with 233. Bravo!! It is also worth mentioning that the 3 top positions on the list has improved 60% from last quarter.
Solstad Offshore ASA (SOFF) has signed a contract with Ocean Installer AS (OI.II) for hire of SOFF’s offshore construction vessel (CSV) “Normand Clipper”.