Solstad scores hat-trick of deals in Brazil

Solstad

Norwegian offshore vessel owner Solstad Offshore has won work for three of its vessels offshore Brazil.

The contracts, subject to board approval, are for two yet unnamed anchor handling tug supply (AHTS) vessels and the 2002-built Normand Flower construction support vessel (CSV).

The three vessels were awarded four-year deals by Brazilian state-owned company Petrobras. The contracts for the AHTS vessels are set to begin in the first quarter of 2026.

The deals will be covered by two vessels from the Solstad Maritime fleet, and one of them will include ROV services.

The contract for the CSV, also owned by Solstad Maritime, will also include ROV services and begin in December 2025.

Source: Splash247.com

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Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.