Solstad reveals details of $210m Petrobras AHTS deals

Norwegian offshore vessel owner Solstad Offshore has disclosed the details of two AHTS contracts with Brazilian oil and gas giant Petrobras.

The company won the contracts for two at the time unnamed anchor handling tug supply (AHTS) vessels, as well as for the 2002-built Normand Flower construction support vessel (CSV) in late April.

The company divulged no particulars except that the AHTS deals would be covered by two vessels from the Solstad Maritime fleet, and that one of them would include ROV services.

The offshore vessel owner has now stated that it will use the 2014-built Normand Sigma and Normand Sirius vessels for the duration of the contract, which will start in the first quarter of 2026.

The contracts will each have a duration of four years and a combined gross value of approximately $210m.

The vessels will be on bareboat contracts from Solstad Maritime to Solstad Offshore, which is the contract holder with Petrobras. Solstad Offshore holds 27.3% of the shares in Solstad Maritime.