Norway: Solstad Offshore Signs LOI with Subsea 7 for CSV Normand Oceanic Chartering

Solstad Offshore ASA (SOFF) have signed a Letter of Intent (LOI) with Subsea 7 for hire of SOFF’s offshore construction and support vessel (CSV) “Normand Oceanic”.

The agreement is for a firm charter period of 3 years with 3 x 1 year option. Commencement is currently expected to be April 2012.

The contract value is confidential between the parties, but gives SOFF an acceptable return on their investment in the vessel.

“Normand Oceanic” is built by STX OSV in Brattvaag, Norway, and was delivered to SOFF in April 2011. The vessel is purpose built for subsea work in deep waters and is equipped with a 400t subsea crane, a deck area of more than 2100 m2, DP class 3 and cabins for 140 people.

Source: solstad, August 12, 2011;

Share this article

Follow Offshore Energy Today

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

Offshore Energy Exhibition and Conference (OEEC)

The three-day event features an exhibition where over 600 companies will showcase their products and services…

read more >

Argentina Oil and Gas Expo 2019

The Argentine Oil and Gas Institute (IAPG) organizes the Argentina Oil & Gas Expo bringing together the most…

read more >

OEE Conference & Exhibition 2019

OEE2019 is organised by Ocean Energy Europe, the industry association representing ocean energy in Europe.

read more >

Africa Oil & Power 2019

The Africa Oil & Power conference will bring together an elite class of ministers and senior-level government…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply