Solstad Farstad reels in new deals off Australia
- Business & Finance
Norwegian offshore shipping company Solstad Farstad has been awarded several new contracts for the provision of vessels in Australia.
Solstad Farstad said on Friday that the McDermott International Inc. affiliated company, MAPL, hired the company’s general purpose support vessel Far Stream vessel and pipe-haul performing services for work offshore Western Australia.
The contract is due to begin during the first or second quarter of 2018, and the combined vessels utilization is approximately 200 days.
Also, Cooper Energy supplemented the contract award for the Far Saracen and Far Senator, set to work on the upcoming Bass Strait drilling campaign, by awarding a deal for a third anchor handler, the Far Statesman. The firm period contract will last for 100 days and begin during the first quarter of 2018.
Farstad Offshore, a subsidiary of Solstad Farstad, was awarded a contract for the provision of two PSVs, Far Seeker and Far Skimmer, by Woodside Energy for the Greater Enfield project drilling support campaign.
The Far Seeker will be mobilized with a work class ROV, to provide efficiencies to the overall drilling campaign. The contract is firm for twelve months with fourteen months of options. Start of the contracts is January 2018.