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December 18, 2020

Solstad secures new contracts for CSVs in Asia Pacific region

Norwegian offshore service company Solstad Offshore has secured a contract for its ‘Normand Navigator’, ‘Normand Frontier’ and ‘Normand Australis’ construction support vessels (CSVs).

By Himaja Ganta

Norwegian offshore service company Solstad Offshore has secured a contract for its ‘Normand Navigator’, ‘Normand Frontier’ and ‘Normand Australis’ construction support vessels (CSVs).

The contract has been awarded by an undisclosed international contractor.

Solstad said that the three vessels will be used for projects on the east coast of India.

The contract is expected to start in the first quarter of next year. It will have a duration of around 450 vessel days, excluding mobilisation and demobilisation.

Solstad also secured another deal from an international contractor for Normand Frontier, after the completion of the Indian project.

This contract will take place in Australia and begin in the second quarter of next year.

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It will last for about three months, in addition to mobilisation and demobilisation.

Solstad also negotiated and agreed on a deal on an early release of Normand Frontier from its current contract with American marine robotics company Ocean Infinity to execute the India and Australia contracts.

The early release of Normand Frontier comes as the marine robotics company continues its shift to unmanned and robotic technologies.

In a press statement, Solstad Offshore said: “Solstad and Ocean Infinity have agreed mutually beneficial terms for the remaining part of the firm contract period for the Normand Frontier taking account of the opportunity to deliver the vessel on the India and Australia contract, under which Ocean Infinity is expected to provide both ROVs and personnel.”

Solstad recently secured contracts for its platform supply vessels in Norway.

Last month, Petrobras awarded Solstad Offshore a one-year contract extension for the RSV Far Saga vessel. This vessel has been operating in the Brazilian waters since 2014.

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