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.
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