Search results for: solstad-offshore

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  • 2 October 2018

    Norwegian offshore vessel owner changes name

  • 22 October 2018
    Business & Finance

    Solstad Offshore has decided to start negotiations with lenders and other stakeholders to improve the overall liquidity situation.

  • 9 December 2016
    Business & Finance, Operations & Maintenance

    REM Offshore has completed its financial restructuring and merged with Solship, a wholly owned subsidiary of Solstad Offshore. The merger was completed as a statutory triangular merger, whereby Solship is the surviving company. The consummation of the merger between REM and Solship, with consideration shares in Solstad Offshore, was registered in the Norwegian Register of Business Enterprises […]

  • 6 February 2017
    Business & Finance

    A new offshore supply vessel company with a fleet of 154 vessels will be formed in Norway following a combination of three companies, Farstad Shipping, Solstad Offshore and Deep Sea Supply.  According to Farstad’s Oslo Stock Exchange filing on Monday, its stakeholders have agreed a plan for its financial restructuring, which will be followed by work to […]

  • 19 December 2018
    Business & Finance

    Bondholders of Solstad Offshore have accepted the company’s proposal for temporary suspension and deferral of interest and amortizations on financial debt. 

  • 5 July 2017

    Norwegian new offshore support vessel player Solstad Farstad has completed the sale of its REM Etive vessel to Fugro. Solstad Farstad said that both the sale and delivery of the vessel were completed on Wednesday, July 5, 2017. Initially, the sale was agreed between Solstad Offshore and Fugro in February, before the new OSV player was […]

  • 26 May 2011
    Business & Finance

      As part of its environmental program, Solstad Offshore has long focused on innovative environmental solutions for its clients through”Solstad Green Operations”. Since the autumn of 2010, the company has offered its clients the opportunity to operate the company’s vessels on a climate neutral basis. During the spring of 2011, Solstad Offshore signed a charter […]

  • 6 February 2017
    Business & Finance, Operations & Maintenance

    Solstad Offshore, Farstad Shipping and Deep Sea Supply will combine to create a new OSV company following completion of the Farstad restructuring, which has been agreed by Aker, Hemen, Ocean Yeild and Farstad’s senior lenders. Deep Sea Supply and Farstad Shipping will merge into and be established as individual subsidiaries under Solstad Offshore, with shareholders of […]

  • 5 December 2018
    Business & Finance

    Solstad Offshore has scheduled a bondholders’ meeting to ask their consent for temporary suspension and deferral of interest and amortizations on financial debt. 

  • 17 February 2017
    Business & Finance

    Swiss-based offshore contractor Allseas has hired one of Solstad Offshore’s subsea construction and support vessels (CSV). Solstad said on Friday that Allseas chartered its 2009-built CSV Normand Poseidon, formerly known as the REM Poseidon. The former REM Offshore vessel became part of Solstad Offshore’s fleet after REM merged with Solstad’s Solship Invest. The Normand Poseidon […]

  • 7 June 2016

    Norwegian offshore shipping company Solstad Offshore has developed a financing plan to strengthen its balance sheet. The company on Tuesday said that the plan was developed together with the industrial investment company Aker and with indicative support from its lending banks and bondholders. Aker will inject NOK 250 million in new equity and provide NOK 250 […]

  • 13 November 2015

    Following the launching ceremony, Normand Maximus, an offshore subsea construction vessel, started its journey from Romania to Norway. Solstad Offshore informed through its social media that the NB 830 started the journey to Norway for final outfitting at Vard Brattvaag. Normand Maximus, which was built at Vard in Romania, will become the largest in the Solstad’s […]

  • 30 October 2019
    Project & Tenders, Vessels

    Solstad Offshore has entered into a contract with Inpex Operations Australia for the provision of two anchor handlers to support additional drilling for the Ichthys LNG development.

  • 26 May 2011
    Business & Finance

      As part of its environmental program, Solstad Offshore has long focused on innovative environmental solutions for its clients through”Solstad Green Operations”. Since the autumn of 2010, the company has offered its clients the opportunity to operate the company’s vessels on a climate neutral basis. During the spring of 2011, Solstad Offshore signed a charter […]

  • 2 June 2020
    Business & Finance, Business developments & projects, Vessels

    Norwegian offshore vessel provider Solstad Offshore has picked a new chief financial officer (CFO).

  • 10 August 2012
    Business & Finance

    Solstad Offshore ASA (SOFF) has been awarded a contract with a large oil company for the 5500 bhp AHTS «Nor Tigerfish». The duration of the contract is 1 year firm and with 2×3 months options. The new contract will commence during August -12. Total value for the firm contract is approximatly USD 9,5 million. The […]

  • 22 October 2018
    Business & Finance

    Norwegian owner and operator of offshore vessels Solstad Offshore has started negotiations with lenders to improve the overall liquidity situation prior to the North Sea winter season. According to the company, the winter season is expected to be challenging for the company’s liquidity position. Solstad Farstad has therefore decided to begin negotiations with lenders and other stakeholders […]

  • 12 March 2018
    Business & Finance

    Solstad Farstad and TechnipFMC have extended the frame agreement covering the provision of vessels for ploughing and trenching operations.

  • 4 May 2020
    Business & Finance, Infrastructure, Vessels

    Shipowning company Ocean Yield and Solstad Offshore have agreed to further extend the standstill period for two anchor handlers.

  • 9 June 2016
    Business & Finance

    Solstad Offshore has entered into a frame agreement with Technip Norge and Technip UK Limited (Technip) for supply of vessels for trenching, construction and subsea services. The frame agreement is valid for 2016 – 2018. Through this agreement Technip can utilize Solstad Offshore’s two construction support vessels (CSVs), Normand Progress and Normand Pioneer, and two […]

  • 27 March 2015
    Business & Finance

    Norway’s Solstad Offshore has informed that Saipem has declared its option to extend the contract for the construction vessel (CSV) “Normand Cutter”. The contract is extended with one year starting  from May 2015. According to Solstad Offshore, this is the last of a total of three yearly options. The second option was declared in March […]

  • 5 December 2019
    Project & Tenders

    Solstad Offshore’s client has exercised the option to extend the present contract for the CSV Normand Tonjer. The extension is for 12 months to November 2020, Solstad said. In addition, the client has the option to extend the contract until September 2021. Solstad Offshore owns 56% of Normand Tonjer. The 95 meters long Normand Tonjer […]