Solstad Offshore Seals $60 Million in New Contracts

Normand Valiant. (Image credit: Solstad)
Solstad Offshore ASA (Solstad) has announced multiple new contracts and contract extensions, representing around 900 vessel days. The combined value of the contracts is approximately $60 million.

CSV Normand Valiant has been awarded a 1.5-year firm contract with Petrobras in Brazil. The commencement of the contract is scheduled for February 2025, which is a direct continuation of the current contract.

AHTS Normand Sagaris’ current contract with Petrobras in Brazil has been extended by 120 days until March 2025, when the vessel will start on its earlier announced 3-year contract with the same Client.

The present contract for AHTS Normand Sirius has been extended to August 2025, with an option to extend the contract for another 247 days, while a new 60-day contract has been entered into for AHTS Normand Saracen. Both vessels will support drilling campaigns offshore Western Australia.

Normand Valiant, Normand Sagaris, Normand Saracen, and Normand Sirius are renowned by Solstad Maritime Holding AS, in which Solstad Offshore ASA holds 27,3%.

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