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Solstad Offshore books 5-year contracts for two PSVs

Sea Frost, a 2013-built PX 105 design vessel, will be upgraded with a battery-hybrid system and shore power for Equinor contract.

Posted on December 13, 2022

Skudeneshavn, Norway, headquartered Solstad Offshore ASA (OSE: SOFF) reports that two of its PSVs, Normand Naley and Sea Frost, have been awarded five-year contracts by Equinor UK Limited (Equinor).

Both contracts will run for five years from January 2023 and include options for further extensions.

The Sea Frost, a 2013-built PX 105 design vessel which has been on contract with Equinor since 2017, will be upgraded with a battery-hybrid system and shore power as part of the contract.

The 2011-built VS 485 design Normand Naley is already equipped with a battery-hybrid system and shore power.

“We have supported Equinor’s U.K. operations since 2016 and are proud to agree these new long-term contracts. With these contract awards, Solstad Offshore has three PSVs installed with battery-hybrid systems and shore power operating in the U.K. sector on a long-term basis. The three vessels, equal to approximately 15% of our U.K., fleet, will help reduce both fuel consumption, emissions and operating expenditure,” says Kenneth Kenneth Lande, EVP and head of global AHTS & PSV segment at Solstad Offshore.

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