Solstad Offshore Secures New Contracts in Brazil with Queiroz Galvão and Equinor

Norwegian Solstad Offshore Signed a Contract with Queiroz Galvão Exploração e Produção S.A. (QGEP) for One of Its Construction Support Vessels. The Company Also Signed Two Extensions for Vessels Working in Brazil with Equinor.

Solstad Offshore said on Monday that QGEP has contracted the Normand Pioneer CSV to work in Brazil. The 19-year-old CSV received a firm two-year contract with two annual options. The contract will start in the first quarter of 2019 and will support production in the Atlanta Field in the Santos Basin.

According to Solstad Offshore, the Normand Pioneer will replace the AHTS Far Sagaris, which is currently working in the field. The vessel’s contract expires in the first quarter of 2019.

It is worth noting that Solstad Offshore, under the name Solstad Farstad, signed an extension with TechnipFMC earlier this year for a structural agreement covering the provision of vessels for ploughing and excavation operations. The framework agreement, valid until December next year, also includes the Normand Pioneer.

Far Scotsman and Far Serenade Extension

In addition, Solstad Offshore said on Monday that it has secured two six-month extensions for the PSV Far Scotsman and Far Serenade, from Norwegian oil giant Equinor. The vessels will continue to support Equinor’s activities in Brazil. The previous extension for both vessels was three months, which was set to end in December 2018. The Far Scotsman, built in 2012, and Far Serenade, eight years old, received their initial six-month contract in November 2017.