Profile: Solstad Offshore ASA (SOFF.OL)
SOFF.OL on Oslo Stock Exchange
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Solstad Offshore ASA is a Norway-based shipping company active in the oil and gas industry. It is mainly involved in petroleum service activities offshore. It is organized into three business segments: Anchor-Handling Vessels (AHTS), Supply Vessels (PSV) and Construction Service Vessels (CSV). The Company’s fleet consists of around 50 vessels. The Company operates through its head office and a network of branch offices located in Aberdeen, Singapore. Rio de Janeiro, Perth and Manila. The Company’s vessels operate in such areas, as the North Sea, South America, Asia, North and Central America, the Mediterranean and other parts of Europe, and West Africa. Its subsidiaries include Solstad Offshore (UK) LTD, Solstad Offshore Service Vessel (UK) LTD, Solstad Management AS, Normand Skarven AS and Solstad Offshore Asia Pacific Ltd, among others. In June 2014, the Company entered into agreements for the sale of the vessel Nor Supporten, which was delivered to its new owner on June 13.
Solstad Offshore ASA