Solstad secures new medium-term contracts

Solstad Offshore has secured contracts for several of its vessels with various clients.

TechnipFMC has extended the present frame agreement with Solstad for ploughing/trenching duties in the North Sea with one year. As part of the extension, the parties have agreed to utilise the anchor handling tug supply (AHTS) vessel Normand Ranger (pictured) for a minimum of 80 days plus options on various projects in 2020, with expected commencement in April.

The company has also been awarded a contract with Repsol Sinopec Resources UK for the construction support vessel (CSV) Normand Jarl. The contract will commence in May 2020 and will have a firm duration of 105 days.

Repsol Sinopec Resources UK will utilise Normand Jarl to support their maintenance activities in the North Sea.

The CSVs Normand Baltic and Normand Australis have been awarded contracts for work offshore New Zealand and offshore Papua New Guinea. Both contracts will commence in January 2020 and each will have a duration of 60 days firm plus options.

Lastly, Solstad has entered into a six months contract with a major oil company for one of its large AHTS vessels. The contract commences in December 2019 for operations in Brazilian waters.