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Solstad Offshore entered into a contract with OMV Taranaki for the provision of a PSV

Solstad Offshore ASA (“Solstad”) has entered into a contract with OMV Taranaki Ltd for the provision of a Platform Supply Vessel (PSV) to support their upcoming Crestal infield drilling campaign at the Maui A Platform offshore New Zealand.

The PSV Normand Tortuga will commence the contract in Taranaki by mid-March for a firm period of 250 days with 11 months of options thereafter.

“We are delighted to receive this contract award from OMV. The New Zealand marketplace has been a key strategic target of ours and, further to the recent CSV Normand Baltic contract award, this additional contract will now result in two vessels being in region commencing Q1 /Q2 2020” said Keith Soutar, Solstad Offshore Managing Director, Asia Pacific.