Multiple contract awards in Brazil

25 Oct 2024 13:30 CEST

Solstad Offshore ASA (Solstad) is pleased to announce multiple contract awards
with Clients in Brazil.

· AHTS "Normand Topazio" has been awarded a 1-year contract with commencement
in October 2024, in direct continuation of current contract.

· AHTS "Normand Turmalina" has been awarded a 1-year contract with
commencement in November 2024, in direct continuation of current contract.

· CSV "Normand Cutter" has been awarded a 9-month contract for subsea
construction activities with commencement in October 2024 in direct continuation
of current contract.

The combined gross contract value is approximately USD 53 million.

"Normand Topazio" and "Normand Turmalina" are owned by Solstad Offshore ASA.

"Normand Cutter" is owned by Solstad Maritime AS, in which Solstad Offshore ASA
holds 27,3%.

Skudeneshavn, October 25, 2024

Contacts

Lars Peder Solstad CEO, at +47 91 31 85 85

Kjetil Ramstad CFO, at +47 90 75 94 89

Solstad Offshore ASA

www.solstad.com

More information:
Access the news on Oslo Bors NewsWeb site