Monday, October 22, 2018
Maritime News

Norwegian Billionaires Head for Showdown With Supply Creditors

By Mikael Holter (Bloomberg) — Billionaires Kjell Inge Rokke and John Fredriksen used the oil-market downturn to force a series of mergers on Norway’s struggling offshore supply industry. Now, they’re...

October 22, 2018
Total Views: 10

Wednesday, June 21, 2017

Norwegian OSV Mega-Merger Completed

The world’s largest high-end offshore service vessel company was created Wednesday with the completion of the mergers involving former Norwegian offshore shipping companies Farstad Shipping, Deep Sea Supply and Solstad...

June 21, 2017
Total Views: 4

Monday, February 6, 2017

Norway’s Farstad, Solstad, and Deep Sea Supply to Merge, Creating Offshore Supply Vessel Giant

By Gwladys Fouche and Jonathan Saul OSLO/LONDON, Feb 6 (Reuters) – The pace of consolidation in the crisis-hit shipping industry accelerated on Monday after three of Norway’s biggest offshore oil...

February 6, 2017
Total Views: 99

Friday, January 6, 2017

Solstad Construction Vessels Find Offshore Wind Work

Norwegian supply vessel company Solstad Offshore has entered into a contract with Dutch energy company Dong Energy Wind Power for charter of Soltad’s multipurpose construction vessel (CSV) Rem Installer and...

January 6, 2017
Total Views: 8

Friday, August 26, 2016

Solstad Results Shed Light on Weak Offshore Service Market

Oil services firm Solstad Offshore, which has a fleet of 44 wholly owned or partly owned vessels, reported a drop in operating profit to NOK 98 million in Q2 compared...

August 26, 2016
Total Views: 1

Thursday, July 28, 2016

Billionaire Roekke Forces New Merger in Norway Oil Industry with Solstad and Rem Offshore

By Mikael Holter (Bloomberg) — Solstad Offshore ASA, a supply vessel company controlled by Kjell Inge Roekke, will merge with rival Rem Offshore ASA in the latest deal orchestrated by...

July 28, 2016
Total Views: 2

Wednesday, February 24, 2016
Maritime News

Solstad Offshore Says Consolidation Needed to Restore Profits

OSLO, Feb 24 (Reuters) – Offshore supply vessel owners must form larger companies in order to restore profitability to an industry battered by plunging demand from oil firms, the head...

February 24, 2016
Total Views: 21

Tuesday, August 25, 2015
PSV Normad Skipper
Maritime News

More Lay-Ups at Solstad Offshore

  Norwegian offshore services provider Solstad Offshore says continuing weak market conditions will force the company to lay-up an additional 10 vessels, leading to the elimination of approximately 300 jobs...

August 25, 2015
Total Views: 2

Saturday, May 23, 2015
Normand Skipper solstad

Layups and Layoffs at Solstad Offshore

Norwegian ship owner Solstad Offshore announced on Friday about 50 of their offshore employees will be laid off as a result of the sales of two ships and two vessel...

May 23, 2015
Total Views: 4

Saturday, April 18, 2015
norce endeavor solstad

Solstad’s Norce Endeavor Wins Gulf of Thailand Work from Chevron

Solstad Offshore’s Derrick/Lay Barge (DLB) Norce Endeavor has just earned a contract with Chevron’s subsidiaries in Thailand for a 200-day offshore installation campaign commencing in 2016. The Norce Endeavour will install multiple new wellhead...

April 18, 2015
Total Views: 9

Monday, March 9, 2015
Orange PSV Normand-Ivan

Murphy Oil Extends Charter for 240 Ton Bollard Pull AHTS

Solstad Offshore ASA (SOFF) announced today the signing of a 1+1 year charter agreement from Murphy Sabah Oil Co.,Ltd. (Murphy) for the hire of the anchor handling vessel Normand Ivan.

March 9, 2015
Total Views: 11

Tuesday, June 10, 2014
vard solstad offshore construction vessel

VARD Wins Record Single Ship Order from Solstad

Vard Holdings Ltd confirmed today the contract for the design and construction of a large Offshore Subsea Construction Vessel (OSCV) has been made effective. The contract is the largest single vessel order in VARD’s history.

June 10, 2014
Total Views: 24

Monday, January 13, 2014
nordmand progress

Technip Extends Contracts for Solstad Anchor Handlers

Technip UK Limited has exercised the first of two yearly options to extend existing frame agreement with Solstad Offshore ASA (SOFF) for the supply of vessels for construction and subsea...

January 13, 2014
Total Views: 3

Monday, July 22, 2013
nor star ahts solstad offshore

Solstad Offshore Gains NOK 135 Million in Charter Contracts

BG Tunisia has extended it’s charter for Solstad Offshore’s (SOFF) anchor handling vessel (AHTS) Nor Star for an additional two years, with one yearly option. In addition, SOFF has extended...

July 22, 2013
Total Views: 3