Offshoretråden - Kontrakter

Refvik

Administrator
Staff member
Contract award for subsea vessels in Brazil

Solstad Offshore ASA is pleased to announce that the current contract of RSV Far Saga with PETROBRAS has been extended for a period of one year starting on Oct 30th, 2020. Far Saga has been operating in Brazilian water since 2014.

In addition, PETROBRAS has confirmed the replacement of Far Saga by Normand Poseidon on a new RSV contract for a period of 3 years firm (ref announcement dated 11th May 2020). Commencement of the Contract will take place during 1Q 2021.

Both vessels will sail under Brazilian flag and will
 

Refvik

Administrator
Staff member
Contract awards within Subsea and Renewable Energy

Solstad Offshore ASA is pleased to announce award of two contracts within Subsea and Renewable Energy representing around 500 vessel days in 2021.

Normand Tonjer has secured a firm contract until November 2021, plus options for further extension of 2 x 12 months.

In addition, Normand Jarstein has been awarded a 4 months firm contract with Ørsted to support their operations on Hornsea 2 offshore windfarm. The contract is commencing in 3Q 2021.
 

Refvik

Administrator
Staff member
Contract extension for Skandi Africa

DOF Subsea is pleased to announce an award for Skandi Africa for a 2-year contract extension. The new contract will commence in direct continuation with the current contract.

Skandi Africa is a high-end subsea vessel designed for harsh environment and deepwater subsea construction and flexlay operations.

DOF Subsea CEO, Mons S. Aase, stated, "Skandi Africa is the most sophisticated vessel in our fleet and we are looking forward to continue the journey, delivering successful installation campaigns".
 

Refvik

Administrator
Staff member
PSV contract extended with Fairfield

Solstad Offshore ASA is pleased to announce that Fairfield Betula Limited ("Fairfield") has extended the charter of the PSV Far Symphony. The contract is now firm until the end of December 2021 and will commence in direct continuation of the current contract. The vessel has been supporting Fairfield's operations in the UK since 2017.
 

Refvik

Administrator
Staff member
Ser Grup Servicii Petroliere SA (GSP) har kjøpt IMT 992 "Caledonian Vanguard" fra BP og gitt den namnet "GSP Pegasus" - kva i all verden skal GSP med den?
 

Refvik

Administrator
Staff member
New contract for DOF

The DOF Group is pleased to announce that PSV Skandi Aukra has been awarded a long term contract by Chrysaor. The charter will commence in December 2020, in direct continuation of its current contract, for a duration of 2 years firm, plus 2 x 1 year options.

Skandi Aukra is a large modern PSV, which has been continuously supporting UKCS Operators, including Chrysaor, for several years, and the DOF Group is delighted to continue its partnership with a key UK client.
 

Refvik

Administrator
Staff member
Update - Normand Maximus

Reference is made to Solstad Offshore ASA's ("SOFF") stock exchange notice dated 17 September 2020 in which it was advised that Saipem (Portugal) Comercio Maritimo ("Saipem") had early terminated the time charter for "Normand Maximus".

The time charter for "Normand Maximus" entitled Saipem to terminate the charterparty for convenience against payment of an early termination fee to SOFF's wholly owned subsidiary Normand Maximus Operations Limited (the "SOFF Subsidiary") as disponent owner of "Normand Maximus".

The notice period for the termination under the time charter is 45 days meaning that the termination of the time charter will be effective and the vessel redelivered on or around 2 November 2020. The termination fee is in the amount of approximately USD 44 million.

Normand Maximus is financed under a financial lease entered into between Maximus Limited as owner of "Normand Maximus" and the SOFF Subsidiary as bareboat charterer.

SOFF holds a 25% ownership share in the leasing company Maximus Limited.

The financial lease is guaranteed by SOFF and includes customary prepayment events and default provisions. These may i.a require the SOFF Subsidiary to purchase the vessel if the SOFF Subsidiary is not able to secure new employment for the vessel. The vessel is one of the largest and most sophisticated vessels within its segment and SOFF expects that the vessel will be engaged on new projects within reasonable time. SOFF and the SOFF Subsidiary are exploring the market opportunities and is now engaging in dialogue with the leasing company Maximus Limited with a view to agree on a solution for the financial lease taking into account the early termination by Saipem.

It is not expected that the completion of the restructuring of the SOFF group to be considered by the general meeting of the Company on 20 October 2020 will be affected by the termination of the time charter contract.

Ser "Normand Maximus" er tilbakelevert til Solstad og ligger nå i Mekjarvik
 

Refvik

Administrator
Staff member
AHTS contracts extended by INPEX, Australia

Solstad Offshore ASA are pleased to announce that Inpex Operations Australia Pty have extended the contracts previously agreed in October 2019 for the provision of two anchor handlers to support drilling for the Ichthys LNG development.

Normand Scorpion and Normand Sirius firm operational period will now continue until August 2023 with additional options available to Inpex thereafter.

The anchor handlers have been supporting Inpex operations with the Maersk Deliverer since early 2020 operating from Broome, Australia.
 

Refvik

Administrator
Staff member
DOF Subsea Australia Contracted by Beach Energy

Beach Energy has awarded DOF Subsea Australia the Otway Offshore Project Phase 4 contract which consists of subsea installation works in a tie-back program.

The award includes Project Management, Engineering, Fabrication, Transportation and Installation Services and is expected to be completed in Q3 2021. The project will be executed using DOF Subsea's regional Construction Support Vessels (Skandi Hercules, Skandi Singapore) which are ideally suited to these campaigns.

Mons Aase, CEO DOF Subsea AS, said, "We look forward to working with Beach Energy to deliver safe and efficient project."
 

Refvik

Administrator
Staff member

Contract award for CSV Normand Maximus

Solstad Offshore ASA is pleased to announce that the company has signed a contract for the CSV Normand Maximus to support operations for a Client in Latin America. The estimated duration is 5 months, including mobilization and de-mobilization. The contract is scheduled to commence during December 2020
 

Refvik

Administrator
Staff member

New contract award in Brazil


The DOF Group is pleased to announce a new contract award for its fleet in Brazil for Petróleo Brasileiro S.A. ("Petrobras"). The AHTS18000 Skandi Rio will support Petrobras' exploration and production activities on the Brazilian continental shelf. The vessel is owned and operated by Norskan Offshore Ltda. while DOF Subsea Brasil Servicios Ltda. will be responsible for the ROV operations. Both companies are 100% owned subsidiaries of DOF ASA.

The contract duration is for 3+1-year with expected commencement in December/January. Skandi Rio is a Brazilian built and flagged AHTS vessel equipped with Work Class ROV's for operations down to 3.000m water depth.

Mons Aase, CEO in DOF Group, states: I am very pleased with the contract award, which confirm the DOF Group's strong position in the South America region.
 

APaulsen

New Member
New contracts with Equinor Energy AS for PSVs Havila Charisma and Havila Foresight

Havila Shipping ASA has been awarded new contracts with Equinor Energy AS for the two PSVs Havila Charisma and Havila Foresight.

Each contract is for a firm period of 3 years, in direct continuation of
existing contracts.

Equinor Energy has four optional periods for contract extension, each of one
year for both vessels.

Both vessels have served Equinor from delivery, Havila Foresight since January
2008, and Havila Charisma since December 2012.

The vessels were upgraded with battery packages and shore power equipment in 2018.
 

Refvik

Administrator
Staff member
Havila Shipping ASA: Terminering av kontrakten med DeepOcean for Havila Phoenix

Subseafartøyet Havila Phoenix har vært på oppdrag for DeepOcean siden 2013 under en kontrakt med fast periode fram til mai 2023 med opsjoner for forlengelse.

DeepOcean varslet i brev datert 18.11.20 til Havila Shipping ASA at DeepOcean har intensjon om å søke beskyttelse under engelsk lov for avvikling av den engelske delen av virksomheten, og dette omfatter også det selskapet som har kontrahert Havila Phoenix.

Etter at Havila Phoenix avsluttet prosjektet fartøyet arbeidet på da varselet ble mottatt, har Havila Shipping ASA ikke mottatt ytterligere instruksjoner for bruk av fartøyet.

DeepOcean er i kraft av sine handlinger, eller som følge av mangel på handlinger, i brudd med bestemmelser i certepartiet, herunder betalingsmislighold.

Havila Shipping ASA har i dag tatt konsekvensen av at DeepOcean er i brudd med bestemmelser i certepartiet og terminert certepartiet. I tillegg til varsel om terminering av certepartiet har Havila Shipping ASA fremsatt krav under morselskapsgaranti stillet av DeepOcean Group Holding BV i Nederland.

Som en konsekvens av terminering av kontrakten vil Havila Shipping ASA umiddelbart tilby fartøyet for oppdrag i markedet.
 

Refvik

Administrator
Staff member

Contract awards for PSV’s in Norway

Solstad Offshore ASA ("Solstad") are pleased to announce that the large PSV “Normand Serenade” has been awarded a medium-term contract with Wintershall Dea to support their Deepsea Aberdeen drilling operations in Norway. The award is a call off from the existing frame agreement. Commencement of the contract will take place during Q1 2021 for a duration of 2 wells firm + 5 well options.

As part of the Frame Agreement between Aker BP ASA and Solstad, Aker BP ASA has secured the PSV “Normand Arctic” for three months plus three months option, commencing February 2021. “Normand Arctic” has also been fixed by an undisclosed Charterer for 1 well, securing work for the vessel until commencement of the Aker BP contract.
 

Refvik

Administrator
Staff member

Frame Agreement with ExxonMobil in Brazil

Solstad Offshore ASA is pleased to announce that the company has entered into a Frame Agreement with ExxonMobil Exploração Brasil Ltda for the provision of supply vessel services supporting their exploration activities in Brazil.

The Frame Agreement is for 3 years firm, and the first call off has been received for PSV “Normand Swift” for a period of 3 months with commencement during December.
 

Refvik

Administrator
Staff member

Award of contract for three PSV’s

Solstad Offshore ASA (“Solstad”) are pleased to confirm that the PSV Normand Surfer has been awarded a long-term contract with a leading North Sea Operator. The vessel has been contracted for a period of four wells firm, which have an estimated total duration of around 550 days, with two option wells thereafter. The operations will be in UK waters and commencement of the contract will be during the first quarter of 2021.

In addition, the present contract for the PSV Far Spica has been extended with its current Charterer. This contract is also in the UK and is now firm to December 2021.

Solstad are also pleased to announce that Tullow Suriname BV has contracted the PSV Normand Supra commencing during December 2020 for a one well drilling campaign offshore Suriname. The contract has an estimated duration of around three months, inclusive of vessel transit time.
 

Refvik

Administrator
Staff member

Contract Awards in the Asia Pacific region

Solstad Offshore ASA ("Solstad") has been awarded a contract with a large international contractor for the CSVs Normand Navigator, Normand Frontier and Normand Australis. The three vessels will be utilized for projects on the east coast of India. The contract will commence early Q1 2021 and have a combined potential duration of approximately 450 vessel days, in addition to mobilization and demobilization.

In addition, Solstad has been awarded another contract with a large international contractor for Normand Frontier, after completion of the project in India. This contract is in Australia and will commence in Q2 2021, for a duration up to 3 months, excluding mobilization and demobilization.

Furthermore, Solstad have negotiated and agreed an early release of Normand Frontier from its current contract with Ocean Infinity to be able to undertake the contract in India and Australia. The early release comes as Ocean Infinity continues its transition to unmanned and robotic technologies with the introduction of its Armada fleet. Solstad and Ocean Infinity have agreed mutually beneficial terms for the remaining part of the firm contract period for the Normand Frontier taking account of the opportunity to deliver the vessel on the India and Australia contract, under which Ocean Infinity is expected to provide both ROVs and personnel.
 

Refvik

Administrator
Staff member

Early termination of charter party – Siem Pilot

Secunda Canada LP, a wholly owned subsidiary of Siem Offshore Inc, has today received a notice of early termination of the charter party for the vessel “Siem Pilot”.

The original charter period expire in November 2022. Secunda Canada LP will be entitled to an early termination fee.
 
Top