Solstad Farstad ASA

08/16/2022 | Press release | Distributed by Public on 08/16/2022 01:02

Contracts for AHTS's in Norway and Brazil

Tid16.08.2022, 06:52:14
MeldingsID568680
UtstederIDSOFF
MarkedOslo Børs
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Contracts for AHTS's in Norway and Brazil

Solstad Offshore ASA is pleased to announce that Equinor has declared an option
to extend the contract for AHTS Normand Ferking with one more year to November
2023. Equinor has the option to extend the contract with further one year
thereafter. Normand Ferking has been on contract with Equinor since 2007 and
will continue to support their activities on the Norwegian Continental Shelf.

In addition, AHTS Normand Topazio has been fixed to Enauta Energia S.A in
Brazil.for 300 days firm plus 220 days of options. Commencement of the contract
is 3Q-2022, and the vessel will support Enauta's drilling and production
activities at the "Atlanta Field" in the Santos Basin.

Skudeneshavn, August 16th, 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