Solstad Farstad (SOFF) has entered into a contract with Prysmian Powerlink for hire of the CSV “Normand Flower” for a period of 4 months firm with possible options.
The contract is scheduled to start on July 15, 2017.
In addition, the company has entered into a contract with Tideway B.V. for hire of the CSV “Normand Jarstein” for a period of 3 months firm with further 4 months option.
This contract is expected to begin in September this year.
“The contract with Prysmian Powerlink Srl and Tideway B.V are strategically important contracts for SOFF in the company’s continued commitment to the renewable energy segments,” SOFF said in its Oslo Exchange filing on Thursday.
Further to the above, Statoil has declared its option to extend the AHTS “Normand Ferking” with one year from September 2017. This is the second out of a total of three yearly options.
The commercial terms are said to be confidential between the parties.