Solstad Offshore ASA - Contract Award in Brazil for CSV Normand Flower

19 Jun 2025 11:15 CEST

Skudeneshavn, 19 June 2025


With reference to the stock exchange notice dated April 30, 2025, announcing the
contract award with Petrobras for the CSV "Normand Flower" owned by Solstad
Maritime ASA (SOMA), subject to Board approval:
Solstad Offshore ASA (SOFF) is pleased to confirm that the subject has now been
lifted, and the contract is signed.

The contract, which will commence in January 2026, has a duration of 4 years and
a gross value of approximately USD 115 million, excluding ROV services.

The vessel will be on bareboat contracts from SOMA to SOFF, which is the
contract holder with Petrobras.

Solstad Offshore ASA holds 27,3% of the shares in Solstad Maritime ASA.

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Contacts:

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

Kjetil Ramstad, CFO: +47 90 75 94 89

Solstad Offshore ASA

http://www.solstad.com

More information:
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