Solstad Offshore's subsea construction vessels snag renewable energy work

Offshore staff

SKUDENESHAVN, Norway — Solstad Offshore ASA has been awarded a contract for the Normand Baltic subsea construction vessel (CSV) and a contract extension for the Normand Navigator CSV.

The contracts are for renewable energy projects in North Europe and Asia and represent a combined firm utilization of 310 days, with additional options thereafter. The Normand Baltic contract will cover the majority of fourth-quarter 2022 and first-quarter 2023, while Normand Navigator now has a firm contract to fourth-quarter 2023.

The contracts have a combined value of about NOK 320 million (US$30.3 million) including addition services, such as ROVs, walk--to-work systems and other project support.

The clients are recognized operators within the renewable energy segment.

10.18.2022