Tehcnip Extends Contract with Solstad Offshore
- Business & Finance
Tehcnip UK Limited (Technip) has exercised the first of two yearly options to extend existing frame agreement with Solstad Offshore ASA (SOFF) for supply of vessels for construction and subsea services.
Through the frame agreement Tehcnip will use the Normand Progress, Normand Pioneer and Normand Ranger together, minimum 360 days in 2015. Under the firm part of the frame agreement, Technip will use the same vessels in total of minimum 360 days also in 2014.
Solstad Offshore, January 13, 2014