Skudeneshavn, 13 Aug 2026
Solstad Maritime ASA ("SOMA") has signed a Letter of Intent with a key client to contract the CSV Normand Cutter. The contract will commence in Q4 2026 / Q1 2027 and have a firm duration of 3 years plus 3 years options thereafter.
The vessel will support subsea operations in West Africa and as part of the contract, SOMA will deliver, with support from Omega Subsea AS, two work class ROVs (WROVs) with manning, as well as tooling, survey services, and project personnel.
The Normand Cutter is a large construction vessel equipped with a 300 tons active heave compensated crane and a working deck of approximately 1600m2.
The commercial terms and conditions are confidential between the parties.
Contacts
Lars Peder Solstad, CEO: +47 91 31 85 85
Kjetil Ramstad, CFO: +47 90 75 94 89
Solstad Maritime ASA
https://solstad-maritime.com
This information is considered to be inside information pursuant to the EU Market Abuse Regulation article 7 and is subject to the disclosure requirements pursuant to MAR article 17 and Section 5-12 the Norwegian Securities Trading Act. This announcement was published by Kjetil Ramstad, CFO of Solstad Maritime ASA, on 13 Aug 2026 at 14:30.
https://news.cision.com/solstad-maritime-asa/r/solstad-maritime-asa---letter-of-intent-for-csv-normand-cutter,c4380970
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