$577m deal: Solstad sells off dozens of North Sea vessels to Tidewater
The 37 platform support vessels primarily work in the North Sea.
The 37 platform support vessels primarily work in the North Sea.
Offshore crew members for a Scottish windfarm have been let go in favour of utilising foreign labour.
Solstad Offshore and Farstad Deep Sea Supply have completed their merger – with a new company named SolstadFarstad ASA set up today.
An offshore worker has been killed and five more injured after an explosion on board an ultra deep water service vessel.
A potential merger between Solstad and Rem Offshore has been approved.
The chief executive of Rem Offshore plans to step down from the post amid a merger with another shipping company.
Reports by a left-leaning newspaper in Norway have revealed the top three bosses at Statoil received combined earnings last year of up to 45.4million Kroner.
Statoil said it has extended its charter of a Solstad Offshore anchor handling tug support vessel by a further year.
Petrobras has terminated two contracts for two vessels from Solstad Offshore. The contracts for the Normand Trym and Normand Vibran had originally been valid until the thid quarter of 2017.
Offshore supply vessel owners are facing a "very tough" 2016 with the prospect of much of the supply fleet being laid up due to the oil slump.
The oil major will use its Norce Endeavour during its Gulf of Thailand campaign next year.