New gig in Norway for Solstad vessel

Norwegian oil and gas company Aker BP has picked a platform supply vessel (PSV) from a compatriot vessel owner, Solstad Offshore, for support operations offshore Norway.

PSV Normand Arctic; Source: Solstad Offshore

Solstad reported on Wednesday that Aker BP had chartered the PSV Normand Arctic for activities on the Norwegian Continental Shelf. This deal is a part of the existing Frame Agreement between the two companies.

New gig for Solstad vessel off Norway with Aker BP
PSV Normand Arctic; Source: Solstad Offshore

To remind, Aker BP entered into a three-year frame agreement in March 2019 with Solstad Offshore, Simon Møkster Shipping, and Eidesvik Offshore for the supply of PSVs.

The latest contract for this vessel – with a firm duration of 15 months – is scheduled to start during the fourth quarter of 2022.

The 2011-built PSV Normand Arctic is also one of the vessels which were hired last month for operations in the UK and Norway scheduled for the second and third quarters of 2022.

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Solstad also completed its divestment programme last month after selling additional six vessels.