Solstad Offshore CSV extended by Subsea 7

Solstad Offshore CSV extended by Subsea 7

Solstad Offshore has agreed a four-year extension with Subsea 7 for construction support vessel Normand Subsea.

The vessel has been on charter to Subsea 7 since it was first delivered in 2009, and the new contract keeps the vessel on contract until the end of 2023. There are also two additional annual options available.

“We are very pleased with being awarded this new contract with one of our key clients, Subsea 7. This is another evidence that the subsea maintenance activity is gradually starting to pick up again,” said Lars Peder Solstad, CEO of Solstad Offshore.

The vessel is being used for a contract with BP UK, who awarded Subsea 7 a five-year contract yesterday for subsea construction, inspection, repair and maintenance services covering its North Sea region portfolio of assets.

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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