Solstad Offshore ASA ("Solstad") are pleased to confirm that the PSV Normand
Surfer has been awarded a long-term contract with a leading North Sea Operator.
The vessel has been contracted for a period of four wells firm, which have an
estimated total duration of around 550 days, with two option wells thereafter.
The operations will be in UK waters and commencement of the contract will be
during the first quarter of 2021.

In addition, the present contract for the PSV Far Spica has been extended with
its current Charterer. This contract is also in the UK and is now firm to
December 2021.

Solstad are also pleased to announce that Tullow Suriname BV has contracted the
PSV Normand Supra commencing during December 2020 for a one well drilling
campaign offshore Suriname. The contract has an estimated duration of around
three months, inclusive of vessel transit time.

Skudeneshavn, December 17th, 2020

Contacts
Lars Peder Solstad CEO, at +47 91 31 85 85
Kjetil Ramstad CFO, at +47 90 75 94 89

Solstad Offshore ASA
www.solstad.com

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