Offshore carrier Solstad Offshore announces new contracts for several of its supply ships. ”The market for offshore vessels continues to improve,” writes the company.
Photo: Solstad Offshore
Solstad Offshore has landed several new contracts worth a total of NOK 230m (USD 26.4m).
The contracts entail work for four of the carrier’s PSV vessels as well as project contracts for ”several” anchor handlers (AHTS), the company writes in statement Tuesday.
”The market for offshore vessels continues to improve with strong demand from oil and gas, in addition to an increasing demand from renewable energy activity,” states Solstad.
In the case of the PSV vessels, the contracts have a total duration of around 500 days, and work begins in the course of the second and third quarter this year. The contracts have been made with ”key operators in both UK and Norway.” Solstad doesn’t name the customers.
The contracts for the AHTS vessels concern the North Sea, the Gulf of Mexico and West Africa, also scheduled for launch in the second and third quarter. They have a total duration of 350 days ”with additional options thereafter,” writes the carrier.
In the beginning of April, Solstad completed a large-scale clean-up of its fleet as part of the restructuring of the Norwegian offshore carrier.