Solstad Offshore ASA has entered into a bareboat contract with Saipem Portugal for the DLB Norce Endeavour.
Offshore staff
SKUDENESHAVN, Norway – Solstad Offshore ASA has entered into a bareboat contract with Saipem Portugal Commercio Maritimo Limitada, a subsidiary of Saipem S.p.A., for the DLB Norce Endeavour.
The contract will begin on Jan. 2, 2020 and has a firm duration until May 31, 2021, with an optional period of five more months.
As part of the bareboat contract, Saipem Portugal has the option, at its discretion and subject to, among others, Saipem S.p.A.’s internal approvals, to purchase the DLB Norce Endeavour.