Contract Awards

08.11.2017 13:37

Statoil Brasil Óleo e Gás Ltda. has awarded the following Contracts to Solstad Farstad:

6 months firm contract to PSV Far Scotsman (2012, PSV 08 CD, 4000 DWT) and PSV Far Serenade (2009, UT 751 CD, 5950 DWT) to support exploratory drilling campaign at "Carcara field" (BM-S-8) in Santos Basin. 
Both vessels will be sailing under Brazilian REB flag. Commencement of the contract is expected to take place during 4Q 2017. Charterer has the option to extend the contract with further 9 x 3 months periods.

Contacts:
Lars Peder Solstad, CEO at +47 913 18 585 or 
Anders Hall Jomaas, CFO at +47 400 42 918

Skudeneshavn, 8 November 2017

Solstad Farstad ASA

www.solstadfarstad.com

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)