SolstadFarstad awarded three North Sea PSV contracts

SolstadFarstad awarded three North Sea PSV contracts

Norway’s SolstadFarstad has been awarded contracts for three of its platform supply vessels in the North Sea.

TAQA Bratani has contracted 2013-built Far Spica for its mobile drilling campaign in the UK Sector for a period of around 18 months, with commencement expected before the end of March. Far Spica is currently trading the North Sea spot market.

AGR Well Management has taken 2005-built Normand Aurora for a one well contract, with one option, supporting West Hercules in the UK Sector. The contract length is around 75 days and commencement is expected to take place during March 2018. The Normand Aurora is also currently trading the North Sea spot market.

Fairfield Betula has extended its contract for the 2003-built Far Symphony for six months commencing April 2018. Fairfield also has a further six one-month options available. The vessel has been on contract to Fairfield since April 2017.

Jon Are Gummedal, executive vice president of Solstad Farstad, commented: “For SolstadFarstad, the UK sector of the North Sea is of high strategic importance, and we are very pleased to firm up another three PSVs in this area. We are pleased to see increased activity in the UK sector, and we are dedicated to provide high quality services to our UK clients.”

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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