Solstad secures contracts in Asia-Pacific
Solstad Offshore has been awarded a contract with an undisclosed international contractor for the construction support vessel (CSVs) Normand Navigator, Normand Frontier (pictured), and Normand Australis.
The three vessels will be utilised for projects on the east coast of India. The contract will commence early in the first quarter of 2021 and will have a combined potential duration of approximately 450 vessel days, in addition to mobilisation and demobilisation.
In addition, Solstad has been awarded another contract with an international contractor for Normand Frontier, after completion of the project in India. This contract is in Australia and will commence in the second quarter of 2021, for a duration up to three months, excluding mobilisation and demobilisation.
Furthermore, Solstad has negotiated and agreed an early release of Normand Frontier from its current contract with Ocean Infinity to be able to undertake the contract in India and Australia. The early release comes as Ocean Infinity continues its transition to unmanned and robotic technologies.
Solstad and Ocean Infinity have agreed mutually beneficial terms for the remaining part of the firm contract period for Normand Frontier taking account of the opportunity to deliver the vessel on the India and Australia contract, under which Ocean Infinity is expected to provide both ROVs and personnel.
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