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Solstad Offshore ASA (SOFF.OL)

SOFF.OL on Oslo Stock Exchange

1.49NOK
10:52am EDT
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Latest Key Developments (Source: Significant Developments)

Solstad Offshore: Norce Endevour Awarded Contract With Ophir
Tuesday, 26 Mar 2019 04:04am EDT 

March 26 (Reuters) - Solstad Offshore ASA ::NORCE ENDEVOUR AWARDED CONTRACT WITH OPHIR.HAS BEEN AWARDED A CONTRACT BY OPHIR THAILAND (BUALUANG) LIMITED.OFFSHORE ACTIVITIES ARE PLANNED TO COMMENCE IN JULY 2019.  Full Article

Solstad Offshore: Two PSVs Called Off Under Deal With Aker BP
Wednesday, 20 Mar 2019 03:44am EDT 

March 20 (Reuters) - Solstad Offshore ASA ::PSV CONTRACTS.AS PART OF DEAL WITH AKER BP PSVS NORMAND ARCTIC AND NORMAND LEADER HAVE BEEN CALLED OFF FOR 12 MTHS FIRM WITH COMMENCEMENT Q1.  Full Article

Solstad Offshore: Multiple Contracts Awarded
Friday, 8 Feb 2019 02:55am EST 

Feb 8 (Reuters) - Solstad Offshore ASA ::MULTIPLE CONTRACTS AWARDED.ENTERED INTO CONTRACTS FOR THREE OF ITS LARGE PSVS..LATEST AWARDS CONTRIBUTE POSITIVELY TO SOLSTAD FLEET CONTRACT BACKLOG AT RATES THAT REFLECT A GRADUALLY IMPROVING MARKET.  Full Article

Solstad Offshore's Q3 report not in line with regulation -FSA
Thursday, 20 Dec 2018 10:36am EST 

Dec 20 (Reuters) - Solstad Offshore ASA ::FINANSTILSYNET (FSA) HAS REVIEWED CERTAIN MATTERS IN FINANCIAL REPORTING OF SOLSTAD OFFSHORE.FINANSTILSYNET IS OF OPINION THAT COMPANY'S REPORT AS OF Q3 2018 IS NOT IN ACCORDANCE WITH ACCOUNTING REGULATIONS.IN FINANSTILSYNET'S VIEW THERE WERE SEVERAL INDICATIONS THAT ASSETS WERE IMPAIRED AS OF Q3.DISAGREES WITH FINANSTILSYNET'S ASSESSMENT.FINANSTILSYNET IS ORDERING COMPANY TO PERFORM AN IMPAIRMENT TEST OF VESSELS AS OF Q3 2018 IN ACCORDANCE WITH ACCOUNTING ACT.IF TEST RESULTS IN SIGNIFICANT IMPAIRMENT LOSSES, COMPANY IS ORDERED TO PUBLISH A NEW REPORT.  Full Article

Solstad Offshore: Payments Of Principal And Interest Deferred
Thursday, 20 Dec 2018 08:41am EST 

Dec 20 (Reuters) - Solstad Offshore ASA ::SOLSTAD OFFSHORE - CERTAIN OF SOFF-GROUP COS AND THEIR SECURED FINANCIAL CREDITORS AGREED TO SUSPEND AND DEFER PAYMENTS OF PRINCIPAL AND INTEREST UNDER CO'S LOAN AGREEMENTS UNTIL JUNE 20, 2019.SOLSTAD OFFSHORE - SUSPENSIONS AND DEFERRALS WILL NOT APPLY TO FINANCIAL DEBT OF SOLSHIP 1 INVEST AS OR SOLSHIP 3 INVEST AS, AND THEIR RESPECTIVE SILO-SUBSIDIARIES.SOLSTAD OFFSHORE - SOFF-GROUP WILL IN MONTHS TO COME CONTINUE CONSTRUCTIVE DIALOGUE WITH ITS FINANCIAL CREDITORS AND PROVIDE FURTHER UPDATES IN DUE COURSE.SOFF-GROUP OTHERWISE CONTINUES ITS OPERATIONS IN ITS ORDINARY COURSE.  Full Article

Solstad Offshore Updates On Refinancing Process, Summons To EGM
Wednesday, 5 Dec 2018 04:43am EST 

Dec 5 (Reuters) - Solstad Offshore ASA ::UPDATE ON REFINANCING PROCESS AND SUMMONS TO BONDHOLDERS' MEETING.IS NEGOTIATING POTENTIAL AGREEMENT WHEREBY INTEREST AND AMORTISATIONS ON FINANCIAL DEBT OF THE SOLSTAD OFFSHORE GROUP WILL BE TEMPORARILY SUSPENDED AND DEFERRED COMMENCING DECEMBER 20.SUMMONED FOR A BONDHOLDERS' MEETING REQUESTING BONDHOLDERS' CONSENT TO SUSPENSION AND DEFERRAL.CONTEMPLATED SUSPENSION AGREEMENT WILL NOT APPLY TO DEBT OF SOLSHIP 1 INVEST AS, SOLSHIP 3 INVEST AS, AND SUBSIDIARIES.BOND LOAN OF SOLSHIP 1 INVEST AS WILL CONTINUE TO BE SERVICED IN ITS ORDINARY COURSE.SCOPE OF CONTEMPLATED SUSPENSION AGREEMENT MAY BE WIDENED AT A LATER STAGE.  Full Article

Solstad Offshore Signs Deal For CSV With Ocean Infinity
Monday, 3 Dec 2018 02:49am EST 

Dec 3 (Reuters) - Solstad Offshore ASA ::CONTRACT FOR CSV WITH OCEAN INFINITY.CONTRACT WILL COMMENCE IN 3Q 2019 AND HAVE A FIRM DURATION OF 33 MONTHS.OCEAN INFINITY WILL UTILIZE VESSEL ON THEIR WORLD-WIDE SEABED MAPPING AND SURVEY SERVICES.  Full Article

Solstad Offshore Awarded Contracts In UK
Friday, 12 Oct 2018 02:19am EDT 

Oct 12 (Reuters) - Solstad Offshore ASA ::AWARDED CONTRACTS IN THE UK.FAIRFIELD BETULA LIMITED AWARDED SOLSTAD OFFSHORE LONG-TERM CONTRACTS FOR TWO PLATFORM SUPPLY VESSELS.  Full Article

Solstad Farstad Changes Company Name To Solstad Offshore ASA
Tuesday, 2 Oct 2018 07:58am EDT 

Oct 2 (Reuters) - Solstad Farstad ASA ::SOLSTAD FARSTAD ASA CHANGES COMPANY NAME TO SOLSTAD OFFSHORE ASA..COMPANY WILL BE LISTED ON OSLO STOCK EXCHANGE WITH NEW NAME SOLSTAD OFFSHORE ASA FROM OCTOBER 3RD, 2018.  Full Article

Solstad Farstad with New Contracts Awarded
Tuesday, 26 Jun 2018 06:54am EDT 

June 26 (Reuters) - Solstad Farstad ASA ::NEW CONTRACTS AWARDED.PLEASED TO ANNOUNCE EQUINOR DECLARED THEIR OPTION TO EXTEND PRESENT CONTRACT FOR AHTS "NORMAND FERKING" WITH ONE YEAR..SOLSTAD FARSTAD - IN ADDITION, A MAJOR OIL COMPANY IN BRUNEI HAS AWARDED SOLSTADFARSTAD A CONTRACT FOR AHTS "FAR SCIMITAR".VESSELS CONTRACT IS FIRM WITH EQUINOR TILL SEPTEMBER 2019.SOLSTAD FARSTAD - CONTRACT FOR AHTS "FAR SCIMITAR" WILL COMMENCE EARLY JULY 2018 FOR A FIRM PERIOD OF 4 MONTHS PLUS 4 X 1 MONTH OPTIONS.  Full Article