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>

<< Feb 2020 >>
MTWTFSS
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 1

Offshore Energy Exhibition and Conference (OEEC) 2020

Offshore Energy addresses the technical, operational and commercial challenges associated with future sector growth.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

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