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Solstad Offshore ASA M&A Activity 2020

Nov 3, 2020

3749_rns_2020-11-03_d02b22b6-d82e-4db3-9df7-0e7f6ddc477b.pdf

M&A Activity

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Contract awards within Subsea and Renewable Energy

Solstad Offshore ASA is pleased to announce award of two contracts within Subsea and Renewable Energy representing around 500 vessel days in 2021.

Normand Tonjer has secured a firm contract until November 2021, plus options for further extension of 2 x 12 months.

In addition, Normand Jarstein has been awarded a 4 months firm contract with Ørsted to support their operations on Hornsea 2 offshore windfarm. The contract is commencing in 3Q 2021.

Skudeneshavn, November 3 rd , 2020

Contacts Lars Peder Solstad CEO, at +47 91 31 85 85 Kjetil Ramstad CFO, at +47 90 75 94 89

Solstad Offshore ASA www.solstad.com