Solstad Maritime ASA - Contract award for CSV Normand Valiant

Solstad Maritime ASA has announced that the Construction Support Vessel (CSV) Normand Valiant has been contracted to provide accommodation services to support production activities in the Brazilian continental shelf under a two-year firm agreement with PETROBRAS, with the possibility of a two-year extension. The contract, valued at approximately NOK 350 million including additional services, is commence in the second quarter of 2022. The vessel is expected to play a key role in supporting offshore operations in Brazil, contributing to the company’s long-term fleet utilization strategy. This contract follows a series of recent awards for Solstad’s CSV fleet, reflecting continued demand for offshore support services in key global markets.