Solstad Offshore ASA (SOFF) has entered into a contract with Dong Energy Wind Power A/S for hire of the CSV 'Rem Installer' for a period of 23 months firm with further 6 months option and an additional CSV from the SOFF fleet, to be nominated at a later stage, for a period of 7 months firm with further 8 months option.

'Rem Installer' that will be renamed 'Normand Jarl' will commence her contract in February 2017 ,while the contract for vessel number two will commence 1 April 2018.

This contract with DONG Energy Power A/S is a strategically important contract for SOFF in the company's continued commitment to the renewable energy segments.

The commercial terms are confidential between the parties.

Solstad Offshore ASA

Solstad Offshore ASA published this content on 13 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 January 2017 10:05:03 UTC.

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