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Solstad seals six-ship deal with Ocean Installer

Norwegian OSV player Solstad Offshore has landed a deal with Ocean Installer, securing work for six ships.

Marine construction player, formerly known as Havfram Subsea, has signed up to take five of Solstad’s anchor handling tug supply (AHTS) vessels on a project in West Africa.

The contract, which starts in the fourth quarter of this year, will utilise Normand Drott, Normand Prosper, Normand Sapphire, Normand Sigma and Normand Sirius for a combined duration of a minimum of 380 vessel days.

In addition, Ocean Installer has awarded Solstad a seasonal contract for 2024 for the 2015-built construction support vessel Normand Navigator for work on the Norwegian continental shelf. The agreement includes additional services such as ROVs, project support and surveys.

Financial terms have not been disclosed.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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