Solstad Offshore finds work for six vessels

Norwegian vessel owner Solstad Offshore has entered into medium-term contracts for six of its vessels with undisclosed clients.

Solstad Offshore said on Monday that all six vessels were hired for a period of 80 to 170 days each.

The vessels in question, according to the company, are the Normand Supra, Normand Surfer, Normand Serenade, Normand Sitella, and Sea Spear platform suppliers in addition to the AHTS Far Sigma.

Solstad added that the start of the contract would be around 1 July and the operations were set for outside of the North Sea.

It is worth noting that the contracts will significantly reduce the company’s North Sea spot market exposure in 2020.

To remind, Solstad previously won contracts for the Normand Surfer and Normand Supra in December 2019. The vessels were contracted for a firm period of 60 days each by Saipem for work in the Mediterranean.

The Normand Serenade, previously named the Far Serenade, last worked with Equinor in Brazil. In August 2019, Solstad won an extension for the vessel which was bound the Far Serenade until November 2019.

Normand Sitella, formerly the Far Sitella, has been employed until recently with Spirit Energy. It started work for the energy company in March 2018 under a 23-month contract for the support of Paragon B391 rig’s drilling campaign.

The last time Offshore Energy reported on Sea Spear receiving a contract was in February 2019. Namely, The vessel has been fixed to an undisclosed client for three months, plus options, with beginning in the second quarter of 2019.