Solstad Offshore ASA — M&A Activity 2021

Dec 6, 2021

Long-term contracts awarded in Brazil

Solstad Offshore is pleased to announce that Equinor in Brazil has awarded the PSVs Sea Brasil and Far Scotsman new long-term contracts. Both vessels are contracted for 2 years with commencement in Dec-2021 and Jun-2022, respectively, both in direct continuation with present contracts.

The contracts also cover extensions for 2 yearly options for Sea Brasil and 1 yearly option for Far Scotsman. Both vessels will be supporting Equinor activities in Brazil.

Skudeneshavn December 6th, 2021

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