SOLSTAD OFFSHORE ASA - Multiple contract awards

24 Jan 2025 14:09 CET

Solstad Offshore ASA (Solstad) is pleased to announce multiple contract awards
with undisclosed clients for "Normand Jarstein", "Normand Australis" and
"Normand Scorpion".

· CSV "Normand Jarstein" has been awarded a 135 days firm plus option contract
for providing subsea support and services, partnering with Omega Subsea AS.
Normand Jarstein will operate in West Africa, with commencement in March 2025.

· CSV "Normand Australis" has been awarded a 200 days firm plus 90 days option
contract for a renewable energy project. Normand Australis will operate in
Taiwan, with commencement in February 2025.

· AHTS "Normand Scorpion" has been awarded a 78 days firm plus 42 days option
contract for providing rig support in Australia. Commencement of the contract is
in January 2025.


The commercial conditions are confidential between the parties.

"Normand Jarstein", "Normand Australis" and "Normand Scorpion" are owned by
Solstad Maritime AS, in which Solstad Offshore ASA holds 27,3%.


Solstad Offshore ASA holds a 35,8% ownership share in Omega Subsea AS.

Skudeneshavn, January 24, 2025

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:
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