$SOMA.OL

2 stories mentioning SOMA.OLUpdated 38d ago

Every FINWIRES story that references SOMA.OL, newest first.

Solstad Maritime to Charter Reach Subsea Vessel

Solstad Maritime (SOMA.OL) committed to chartering Reach Subsea's (REACH.OL) construction support vessel Normand Jarstein for work in the Mediterranean and Black Sea.Under the letter of intent, the vessel will be chartered for two years, with an option for a one-year extension, according to separate Monday filings from the companies. The parties are expected to finalize the contract next week.The vessel will begin transit to Solstad within the week.

$REACH.OL$SOMA.OL

Equities66d ago

Solstad Offshore, Petrobras Sign Two-year Extension for Normand Fortress Vessel

Solstad Offshore (SOFF.OL, SOMA.OL) said Monday it extended its existing contract with Petrobras for the CSV Normand Fortress vessel by an additional two years.The extension, valued at $56 million, will commence in early July. It covers accommodation services to support production activities on the Brazilian continental shelf.The vessel is owned by the Norwegian shipping company's subsidiary Solstad Maritime, and will continue to operate under a bareboat arrangement, with Solstad Offshore acting as the contract holder with Petrobras.

$SOFF.OL$SOMA.OL

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