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Solstad Offshore ASA (SOFF.OL)

SOFF.OL on Oslo Stock Exchange

13.20NOK
23 Feb 2017
Change (% chg)

kr-0.25 (-1.86%)
Prev Close
kr13.45
Open
kr13.30
Day's High
kr13.80
Day's Low
kr12.80
Volume
73,420
Avg. Vol
112,324
52-wk High
kr19.90
52-wk Low
kr10.40

Latest Key Developments (Source: Significant Developments)

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

Solstad Offshore: Forsa sells 6 million shares in Solstad
Tuesday, 7 Feb 2017 06:46am EST 

Solstad Offshore ASA :Forsa AS sold 6 million B-shares in Solstad Offshore.  Full Article

Aker says OSV merger is platform for further consolidation
Monday, 6 Feb 2017 08:00am EST 

Aker Asa : Aker CEO Oeyvind Eriksen: Says 3-way OSV merger is platform for further consolidation, door is open to other industry actors Further company coverage: [AKER.OL] (Reporting by Ole Petter Skonnord, editing by Terje Solsvik) ((terje.solsvik@thomsonreuters.com;)).  Full Article

Solstad, Farstad, Deep Sea merger looks like good business case -minister
Monday, 6 Feb 2017 06:41am EST 

Norway's Oil and Energy Minister Terje Soeviknes told Reuters on the sidelines of an industry conference in Stavanger on Monday: The proposed merger of Solstad, Farstad and Deep Sea Supply looks like a good business case . Does not believe Solstad, Farstad, Deep Sea merger will be problem for competition, though competition watchdog must make own assessment Further company coverage: [SOFF.OL] (Reporting by Joachim Dagenborg, editing by Terje Solsvik) ((terje.solsvik@thomsonreuters.com;)).  Full Article

Solstad signs a contract with PT. Saipem Indonesia
Friday, 20 Jan 2017 02:50am EST 

Solstad Offshore ASA : Signs a contract for CSV "Normand Installer" With PT. Saipem Indonesia . Contract value is confidential among parties. .Execution of offshore work in Indonesia will start in Q2 2017 and, including transit, duration for "Normand Installer" will be about 100 days.  Full Article

Solstad Offshore signs contract with McDermott
Friday, 13 Jan 2017 02:33am EST 

Solstad Offshore ASA : Contract for Provision of Light Construction Vessel Services to McDermott . Has been awarded subcontract with McDermott for Provision of Light Construction Vessel Services associated with ICHTHYS Gas Field Development Project .Contract value is confidential among parties.  Full Article

Solstad Offshore signs a contract for DLB Norce Endeavour in Thailand
Thursday, 5 Jan 2017 02:50am EST 

Solstad Offshore ASA : Signs a new contract for DLB Norce Endeavour with Cuel Limited, Thailand. .Contract value is confidential among parties.  Full Article

Solstad Offshore Q3 EBITDA down at NOK 238 million
Tuesday, 8 Nov 2016 10:45am EST 

Solstad Offshore ASA : Q3 operating income 637 million Norwegian crowns ($77.57 million) versus 981 million crowns year ago . Q3 EBITDA 238 million crowns versus 419 million crowns year ago . Says there is expected no imminent improvement in market for offshore vessels . Says group has firm revenue of about 450 million crowns for Q4 .Says contract coverage measured in days for Q4 including vessels laid up is about 38 pct.  Full Article

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