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Solstad Offshore ASA (SOFF.OL)

SOFF.OL on Oslo Stock Exchange

11.35NOK
10:25am EDT
Change (% chg)

kr-0.30 (-2.58%)
Prev Close
kr11.65
Open
kr11.45
Day's High
kr11.60
Day's Low
kr11.35
Volume
10,244
Avg. Vol
128,339
52-wk High
kr19.90
52-wk Low
kr10.40

Latest Key Developments (Source: Significant Developments)

Solstad Offshore Q1 EBITDA down at NOK 147 million
Wednesday, 10 May 2017 10:36am EDT 

May 10 (Reuters) - SOLSTAD OFFSHORE ASA :Q1 OPERATING REVENUE NOK 568 MILLION VERSUS NOK 750 MILLION YEAR AGO.Q1 EBITDA NOK 147 MILLION VERSUS NOK 293 MILLION YEAR AGO.  Full Article

Solstad Offshore: agreement for sale of vessel
Wednesday, 26 Apr 2017 02:15am EDT 

April 26 (Reuters) - SOLSTAD OFFSHORE ASA ::SALE OF VESSEL.HAS AN AGREEMENT IN PLACE FOR SALE OF PSV "NORMAND VESTER"..SALE WILL NOT HAVE ANY IMPACT OF SIGNIFICANCE ON ACCOUNTING OR CASH POSITION OF OWNER COMPANY..  Full Article

Solstad Offshore sees mergers becoming effective on or about 9 June
Tuesday, 25 Apr 2017 09:30am EDT 

April 25 (Reuters) - SOLSTAD OFFSHORE ASA ::UPDATE ON THE MERGER PROCESS.SEES MERGERS WILL BECOME EFFECTIVE ON OR ABOUT 9 JUNE WITH DELIVERY OF CONSIDERATION SHARES TO SHAREHOLDERS OF FARSTAD AND DESSC IN VPS ON OR ABOUT 14 JUNE 2017.  Full Article

Solstad signs contracts for two platform supply vessels
Monday, 24 Apr 2017 09:58am EDT 

April 24 (Reuters) - SOLSTAD OFFSHORE ASA :LONG-TERM CONTRACTS FOR TWO PLATFORM SUPPLY VESSELS (PSV).HAS BEEN AWARDED LONG-TERM CONTRACTS FOR PSVS NORMAND SERVER AND NORMAND SUPPORTER BY CONOCOPHILLIPS SKANDINAVIA AS..CONTRACTS HAVE A DURATION OF 4 YEARS AND 8 MONTHS EACH, WITH FURTHER 3 YEARLY OPTIONS.CONTRACTS WILL COMMENCE IN APRIL AND MAY 2017 RESPECTIVELY..  Full Article

Solstad Offshore signs frame agreement with Saipem Comercio Maritime
Tuesday, 18 Apr 2017 06:33am EDT 

April 18 (Reuters) - SOLSTAD OFFSHORE ASA ::CONTRACT WITH SAIPEM.HAS SIGNED FRAME AGREEMENT WITH SAIPEM (PORTUGAL) COMERCIO MARITIME (SAIPEM) FOR CSV "NORMAND CUTTER".FRAME AGREEMENT IS VALID FOR 4 YEARS.  Full Article

Solstad Offshore: long-term contract for CSV "Normand Oceanic"
Friday, 7 Apr 2017 02:32am EDT 

SOLSTAD OFFSHORE ASA : LONG-TERM CONTRACT FOR CSV "NORMAND OCEANIC" . ENTERED INTO AN AGREEMENT WITH MEXICAN COMPANY TYPHOON OFFSHORE . COMMERCIAL TERMS ARE CONFIDENTIAL AMONG PARTIES .TYPHOON OFFSHORE WILL CHARTER CSV "NORMAND OCEANIC" FOR A PERIOD OF 3 YEARS COMMENCING IN MAY 2017.  Full Article

Solstas signs a contract with Repsol Sinopec Resources UK
Thursday, 16 Mar 2017 03:30am EDT 

Solstad Offshore ASA : Has entered into a contract with Repsol Sinopec Resources UK for hire of CSV "Normand Jarstein" for a period of 90 days firm with further 60 days options . Commercial terms are confidential between parties. ."Normand Jarstein" will commence her contract end of April 2017.  Full Article

Solstad Offshore Q4 EBITDA falls to NOK 149 mln
Thursday, 23 Feb 2017 09:52am EST 

Solstad Offshore ASA : Q4 operating income 476 million Norwegian crowns ($57.21 million) versus 705 million crowns year ago .Q4 EBITDA 149 million crowns versus 246 million crowns year ago.  Full Article

Solstad Offshore enters into a contract with Allseas
Friday, 17 Feb 2017 02:50am EST 

Solstad Offshore ASA : Entered into a contract with Allseas . Contract will commence on March 1st 2017 and has a duration of 3 years firm plus 2 yearly options .Commercial terms of contract are confidential between parties.  Full Article

Solstad Offshore: New contract for PSV Normand Aurora
Thursday, 9 Feb 2017 05:19am EST 

Solstad Offshore ASA : Has entered into a contract with total E&P UK Ltd for hire of PSV Normand Aurora for a firm period of 90 days, with charterers option to extend contract with further 3 x 1 months . Commercial terms are confidential between parties .Contract commences this week.  Full Article

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Norwegian firms to create offshore oil industry supply vessels giant

OSLO/LONDON The pace of consolidation in the crisis-hit shipping industry accelerated on Monday after three of Norway's biggest offshore oil industry service vessel (OSV) operators announced plans to merge to create one of the biggest fleets in the sector.