Solstad Offshore ASA — M&A Activity 2018

Dec 3, 2018

Contract for CSV with Ocean Infinity

Contract for CSV with Ocean Infinity

Solstad Offshore has entered into a contract with Ocean Infinity for one of it's

modern highly fuel efficient 250 ton crane CSV's. The contract will commence in

3Q 2019 and have a firm duration of 33 months. Ocean infinity will utilize the

vessel on their world-wide seabed mapping and survey services.

Lars Peder Solstad, CEO Solstad Offshore commented "This is a very exciting

project to be a part of, and we are delighted to be chosen by Ocean Infinity as

their shipping partner".

Skudeneshavn, December 3rd, 2018

Contacts

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

Anders Hall Jomaas CFO, at +47 40 04 29 18

Solstad Offshore ASA

www.solstad.com