Technip selects Solstad’s vessels for subsea services
- 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 anchor handling tug and supply vessels (AHTS) Normand Ranger and Normand Mariner.
Under the agreement, Solstad Offshore will be Technip’s supplier of tonnage for trenching and subsea construction work. The commercial terms between the parties are confidential. Technip and Solstad have cooperated since 1997.