Business
Solstad Maritime ASA - Contract Award for CSV Normand Ocean
Solstad Maritime ASA - Contract Award for CSV Normand Ocean
About this update from Prysmian S.p.a.
Solstad Maritime ASASkudeneshavn, 14 November 2025Solstad Maritime ASA (SOMA) is pleased to announce that the Construction Support Vessel (CSV) Normand Ocean has been awarded a new very large contract* with DeepOcean AS.The contract has a firm duration of three years, plus two yearly options, and is scheduled to commence in 1Q 2027.26 June 2024, SOMA announced a five-year firm contract with Prysmian for the Normand Ocean. This contract will instead be covered by another CSV from the SOMA-fleet.Both vessels will then have firm commitments from long-term Clients of Solstad into next decade.*SOMA defines a very large contract as being between: USD 50 million and USD 100 million.Contacts:Lars Peder Solstad, CEO: +47 91 31 85 85Kjetil Ramstad, CFO: +47 90 75 94 89Solstad Maritime ASAwww.solstad-maritime.comThis information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. The information was submitted for publication by CFO Kjetil Ramstad at the date and time set out herein, on behalf of the Company.https://news.cision.com/solstad-maritime-asa/r/solstad-maritime-asa---contract-award-for-csv-normand-ocean%2Cc4266965