Solstad Offshore ASA — M&A Activity 2022

Sep 2, 2022

Contract extension and new contract for CSV Normand Energy

Contract extension and new contract for CSV Normand Energy

Solstad Offshore ASA has been awarded contract extensions and a new contract

with present client for the CSV Normand Energy. The client has exercised all

options under the existing contract and in addition awarded a new contract

bringing the overall contract period to 570 days. The contract will commence in

direct continuation of present firm period during September 2022. The contract

terms reflect the present marked and are in line with other CSV contracts

reported by the company lately.

The vessel will continue to support subsea operations in West Africa.

Skudeneshavn, September 2nd, 2022

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