Solstad Offshore og SBM Offshore med nytt Salt installsjonsfartøy

Håkon Lunde

Well-Known Member

Solstad Offshore ASA and SBM Offshore in partnership for a new installation vessel​

Solstad Offshore ASA (“Solstad Offshore”) and SBM Offshore have agreed to order a new-build multi-purpose deepwater installation and construction vessel, with targeted delivery in the first half of 2029.
The parties have formed a joint venture company which has entered into a Letter of Intent with a selected shipyard for the construction of the vessel. The vessel will be owned by a newly established joint venture, in which Solstad Offshore will hold a 50.1% ownership interest and SBM Offshore 49.9%. Solstad will act as ship manager.

The joint venture has entered into an initial 14-year charter agreement with SBM Offshore, securing a minimum utilization of 270 days per year, with options for SBM Offshore to extend the charter period within each year, and up to 11 additional years. When the vessel is not utilized for SBM Offshore, the joint venture may charter the vessel to third parties.

The new vessel builds on the operational success of CSV Normand Installer that Solstad Offshore and SBM Offshore have owned and operated jointly since 2006. The existing frame agreement has been extended to give SBM Offshore access to the Normand Installer until 2034.

Lars Peder Solstad, CEO of Solstad Offshore ASA, commented:

“This project represents an important strategic step for Solstad Offshore. Together with SBM Offshore, we are further developing a partnership that has evolved over more than two decades, building on the proven performance of Normand Installer and extending our installation capabilities into the future.”

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Illustrasjon: Salt Ship Design
 
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Introducing our next-generation multipurpose deepwater installation and construction vessel
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We are proud to present our newbuild as recently announced in a Stock Exchange Notice. The newbuild is designed to meet the evolving demands of subsea operations including deepwater mooring installations.
The vessel is developed in close collaboration between SBM Offshore, Solstad Offshore and Salt Ship Design, combining extensive maritime operational experience with a forward-looking approach to efficiency, flexibility and performance - including low emissions and carbon neutral pathway.

The design builds on key learnings from Normand Installer, that Solstad and SBM Offshore have jointly operated since 2006, refined for future deepwater projects.

With a strong focus on installation capabilities and operational versatility, the vessel is equipped to handle complex subsea and construction scopes in demanding environments and water depths down to 4000 meters.

Key specifications include:
- Length: 132.6 m | Beam: 32 m
- Accommodation: 100 persons
- Deadweight: approx. 11,200 t
- Installed power: 26,900 kW
- Bollard pull: minimum 300 t

Advanced installation features:
- 400[HV2] t main crane and 350 t A-frame
- Over 2,000 t under-deck carousel
- 500 t winch system
- 2 x work class ROVs in hangars

This next-generation design strengthens our ability to deliver safe, efficient and high-end offshore installation operations, supporting the continued development of deepwater energy projects
 
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