Norway’s Solstad Offshore has won several deals in the offshore energy market with a combined duration of around 600 days, including mobilization and demobilization, valued at NOK 800m ($72.1m).
The Normand Baltic CSV will be busy in the offshore wind market in Asia. It was awarded a minimum 70-day firm contract for cable repair support on an undisclosed offshore wind project. Work will begin in the second quarter of 2024 in direct continuation of the current charter.
Additionally, the vessel secured a further 150-day firm contract which will start in the first quarter of 2025, for walk-to-work and WROV services on another Asian offshore wind project.
The Normand Australis CSV was awarded a 90-day firm deal for installation support on an offshore wind project, also in Asia. The deal includes WROV and survey services, with the start set for the second quarter of this year.
The Normand Sentinel CSV won a 190-day contract for subsea construction work in West Africa. The contract includes WROV and survey services and will start during this quarter.
The Normand Prosper AHTS has been awarded a contract for an FPSO installation project in West Africa. The duration of this project is estimated to be around 60 days with the start scheduled for 2Q 2024.
Clients and financial details were not revealed for any of the deals. All four vessels are owned by Solstad Maritime, in which Solstad Offshore currently holds a 31.6% stake.
