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SBM Offshore and Solstad order new deepwater construction
SBM Offshore Dutch floater expert SBM Offshore and Norwegian vessel owner Solstad Offshore have formed a joint venture that has entered a letter of intent with a selected shipyard to order a newbuild multi-purpose deepwater installation and construction vessel.
Dr.G.R.Balakrishnan Jun 03 2026 Marine News (Ocean and Offshore Energy)

SBM Offshore and Solstad order new deepwater construction

The new vessel, with a delivery set for the first half of 2029, will support the installation of ocean infrastructure, including FPSOs.      The new installation vessel builds on the operational success of the Normand Installer and the existing partnership, combining SBM Offshore’s installation expertise with Solstad Offshore’s track record of offshore support vessel operations.      The vessel features an optimised design for installing ocean infrastructure in shallow and deep waters.

The new vessel will be able to offer full-lifecycle EPCIO work and integrate additional offshore installation work scopes.

The new vessel will be owned by a joint venture in which SBM Offshore will hold a 49.9% interest and Solstad Offshore will hold a 50.1% interest.      Solstad Shipping will act as ship manager, while SBM Offshore will charter the vessel for its own projects. When not required for SBM Offshore installation projects, the joint venture may charter the vessel to third parties.