Letters of Award for CSV Normand Maximus

23 Dec 2022 10:45 CET

Skudeneshavn, Norway, 23 December 2022 - Solstad Offshore ASA (Solstad, OSE:
SOFF) has received Letters of Award from various undisclosed subsea contractors
for hire of the CSV Normand Maximus for execution of projects during 2023.

The projects have a combined duration of minimum 200 days plus additional option
periods, and value of the firm part is approx. NOK 500 million.

The subsea construction vessel Normand Maximus is 178 meters long, has a 900t
AHC crane, 550t VLS, can accommodate up to 180 people and is the largest vessel
in Solstad's fleet

For further information, please contact:
Lars Peder Solstad, CEO, tel: + 47 91 31 85 85
Kjetil Ramstad, CFO, tel +47 90 75 94 89

More information:
Access the news on Oslo Bors NewsWeb site

579119_Release.pdf