Solstad Farstad Nets Extension of TechnipFMC Contract

Solstad Farstad (SOFF) and TechnipFMC have agreed to extend the frame agreement covering the provision of vessels for ploughing and trenching operations for one year.

The frame agreement is now valid until December 31, 2019, SOFF informed.

“We have been working closely with TechnipFMC since 1997 and are excited that they once again have trusted us to continue the delivery of high powered vessels to support their ploughing and trenching operations,” said Hans Knut Skår, EVP – Subsea Constructions & Renewable of Solstad Farstad.

The company did not disclose the names of the vessels nor the value of the contract.