Solstad Offshore has received firm contracts for two large platform supply vessels (PSVs) under its framework agreement with Aker BP.
The 4,900-dwt Normand Arctic (built 2011) and the 6,200-dwt Normand Leader (built 2013) will both begin 12-month contracts this quarter in offshore Norway.
The call-off contracts follow the framework agreement Aker BP signed in early March with Solstad, Eidesvik Offshore and Simon Mokster for offshore supply vessel services.
Under the framework, vessels will be on call to the Norwegian oil exploration and development company for a firm three-year period, with two options of two years each.
Lars Peder Solstad, the company's chief executive, declined to comment on the value of the call-off contracts.
When asked if more call-off contracts could be signed between AkerBP and Solstad before the end of 2019, the chief executive said "that could happen".
Solstad is undergoing restructuring to improve its financial position and enable it to meet its 20 June deadline for principal repayments and interest to its creditors.
When asked for an update on the process, Lars Solstad told TradeWinds he is "working on it".
