Normand Vision CSV Delivered to Solstad

Solstad Offshore ASA (SOFF) took delivery of Normand Vision (CSV) from Vard Group AS, Søviknes. 


The vessel started directly on a 8 year firm chart with Ocean Installer AS with additional 2 yearly options.

Normand Vision is a large, sophisticated subsea vessel with a length of 157 meters. She has a 400 ton subsea crane, a 3000 ton under-deck carousel and a 150 ton VLS (Vertical Lay System).

The overall cost for the vessel is approx. USD 250 mill, including the VLS.

A long-term facility of USD 187,5 million has been drawn from Eksportkreditt Norge AS, guaranteed by SpareBank 1 SR-Bank ASA and GIEK.


Solstad Obtains Ownership in CSV Normand Vision


Press Release, July 02, 2014; Image: Solstad



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