Solstad secures more work in Brazil
- Business & Finance
Norwegian vessel owner Solstad Offshore has been awarded contracts for its vessels by Total and Equinor for operations in Brazil.
Solstad said on Wednesday it had entered into a contract with Total E&P do Brasil for charter of a platform supply vessel for 13 months firm.
Total has the option to extend the charter with additional 2 x 6 months. The beginning of the contract is planned for August 2019, and the AHTS Far Sagaris will be the lead-in vessel until a PSV from the Solstad fleet takes over later this year.
The vessels will support Total’s activities in the Lapa field. The Lapa consortium is operated by Total, with a 35% interest, in partnership with Shell (30%), Repsol Sinopec Brasil (25%), and Petrobras (10%).
In addition, Equinor Brazil has extended the contracts for the PSVs Far Scotsman and Far Serenade with three months each.
Both vessels are now firm until November 2019 and will continue to support Equinor Brazil’s portfolio activities.