Solstad Offshore ASA

We are thrilled to announce that we have been shortlisted for the IMCA Awards 2024, in the category of Greenhouse Gas Project of the Year!   The project we are nominated for is Solstad Green Operations®, an initiative established in 2010 to enhance energy efficiency across our fleet by focusing on daily operational measures.   Since then, we have saved over one million tonnes of CO2, and the average fuel consumption and emissions per vessel have been reduced by more than 20%.   The winners of the IMCA Awards will be announced next week – thank you for the nomination, IMCA!

Another day of exciting news!    We are thrilled to announce multiple new contracts and extensions, totaling around 900 vessel days and valued at approximately USD 60 million!   - CSV «Normand Valiant» has secured a 1.5-year firm contract with Petrobras in Brazil, starting February 2025. - AHTS «Normand Sagaris» has extended its current contract with Petrobras by 120 days until March 2025, before beginning a new 3-year contract. - AHTS «Normand Sirius» has extended its contract to August 2025, with an option for an additional 247 days. - AHTS «Normand Saracen» has entered a new 60-day contract to support drilling campaigns offshore Western Australia.   We wish all the vessels and crew the best of luck in upcoming projects!   Read more on our website www.solstad.com  

Exciting Thursday News!   We are pleased to announce that our subsea construction vessel, Normand Maximus, has secured a contract award with an undisclosed client.   This one-year contract will keep Normand Maximus fully committed to December 2026.    We wish Normand Maximus and crew the best of luck in their projects!

Meet Nora Julie Lønning (24)!   She is usually the 3rd Officer on Normand Jarstein but is currently substituting as HSEQ coordinator at the Skudeneshavn office. She holds a bachelor's degree in nautical science from the Western Norway University of Applied Sciences and started as a cadet at Solstad in 2022.   In 2023, she was promoted to 3rd Officer on Normand Jarstein, working a four-week rotation in the North Sea. "I really enjoy my job! It's a great vessel with nice people and including environment. It feels like a small community that's exciting to be a part of", says Nora. Until January 2025, she is substituting as a HSEQ coordinator, responsible for following up on several vessels, creating reports, and ensuring safety is in place. "It's very nice to try new things. I think it provides a broad and useful understanding to have worked both at sea and on land". "What would you say to others considering a maritime career?" "I absolutely recommend trying it! You must be able to handle being away from home, but you get to experience a lot of exciting and varied things. Additionally, the rotation life is very nice; when you're at work, you're at work – but when you're home, you're home, and you can completely relax".

Check out the highlights from Q3 reporting of financial results! Our CEO Lars Peder Solstad states: “Solstad Offshore ASA has delivered a solid third quarter, both operationally, financially and with a continued positive market view. In parallel, we are pleased that Solstad Maritime is in a position to pay quarterly dividends.” Read the Q3 presentation on our website www.solstad.com

We are thrilled to announce multiple contract awards with Clients in Brazil, with a combined gross contract value on approximately USD 53 million.   The contracts involve our AHTS Normand Topazio and Normand Turmalina, and CSV Normand Cutter.    Check out solstad.com for more information. -------------------------------------------------- É com grande satisfação que anunciamos a assinatura de diversos contratos com clientes no Brasil, somando um valor bruto combinado de aproximado USD 53 milhões. Os contratos envolvem nossas embarcações AHTS Normand Topazio, Normand Turmalina e o CSV Normand Cutter. Para mais informações, acesse solstad.com

Solstad have successfully bunkered 500 m³ of certified renewable biodiesel (HVO) on the AHTS Normand Prosper. Solstad now offers certified renewable biodiesel to its clients to decarbonize existing offshore vessels in the transition period towards zero-emission technologies in the future. The renewable biodiesel can be used in existing vessel machinery without modifications and reduced Greenhouse Gas emissions by over 90%. This marks the first use of renewable biodiesel in Solstad's fleet and the first for an Anchor Handling Tug Supply vessel. Read the full press release on our website: https://lnkd.in/gxBzxQTf

Congratulations to Normand Sigma and it's crew for winning the Maress Decarb Summer Campaign 2024 in the AHTS segment! Their hard work, together with our sustainability team, led to a remarkable footprint reduction, standing out among 300 vessels. Congratulations also to Normand Ocean and Normand Fortress for securing second and third place in the CSV segment! Read the full press release from VPS on the link: https://lnkd.in/etSsaEXZ

SOLSTAD 60 YEARS!   The last decade has been marked by many changes, but we continue to be Solstad, all thanks to the incredible people we have in the company, who make Solstad what it is today.   Today we release our last video, a reflection of the last 10 years with Lars Peder Solstad, which is all about the people!   Happy 60 Years of Solstad, and we can't wait for what the future brings! 

Solstad 2000s to 2014! From the 2000s to 2014, Solstad experienced significant growth, entering the subsea market at an early stage. The 50th anniversary year was marked by the ordering of Normand Maximus, one of the largest offshore vessels ever built, and the company's continued international expansion. As we approach our 60th anniversary on August 31st, stay tuned for the next chapter of our story, reflecting on the last 10 years!