Solstad Offshore ASA has announced the following new contract awards for two of its subsea vessels (CSV).
CSV “Normand Baltic” has been awarded a 180-day contract for providing “Walk to Work” services on Offshore Wind project in Asia. The contract will commence in October 2023.
CSV “Normand Samson” has been hired for a period of minimum 260 days to support a field development project in South America with commencement in 1Q24.
Commercial terms between the parties are in line with present market conditions for this type of vessels.
Solstad continues to see a high demand for CSVs from renewable energy and Oil & Gas clients.