Solstad Wins Gulf of Thailand Gig

Business & Finance

Solstad Offshore has entered into a contract with CUEL Limited, Thailand for the provision of transportation and installation for Phase 4 of JDA Block B-17-01 in the Malaysia – Thailand Joint Development Area utilising the Derrick Lay Barge “DLB Norce Endeavour”.

The DLB Norce Endeavour will install 3 new wellhead platforms, 3 subsea pipelines and host tie-ins for CUEL Limited with the offshore work to start in Q3-2017 and comple in Q1-2018 with a combined forecast utilization of the DLB Norce Endeavour of around 60 days.

Solstad will provide project management, engineering, procurement and logistics to support to the combined pipeline and structures offshore transportation, DLB installation and construction scope of work through its DLB Marine Projects group in it’s Singapore office.

The contract value is confidential among the parties.