This presentation, prepared by Solstad Offshore ASA (the "Company"), may include forward-looking statements relating to the business, financial performance and results of the Solstad Offshore Group and/or the industry in which it operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words "believes", "expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. Any forward-looking statements contained in this presentation, including assumptions, opinions and views of the Company or cited from third party sources, reflect the current views with respect to future events and are subject to material risks, uncertainties and other factors that may cause actual events to differ materially from any anticipated development. None of the Company or any of its subsidiary undertakings or any such person's officers or employees provide any assurance as to the correctness of such forward-looking information and statements.
The Company assumes no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.
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Solstad Offshore at a glance
1 World leading owner and operator of high-end offshore vessels across segments
2 Operational set-up in all key markets globally
3 Oil & Gas and Renewable energy operators and contractors as main clients
4 Strong industrial owners in Aker & Solstad-family
5 Historically been an active consolidator of the offshore supply industry
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Market update: Positive market outlook for offshore energy
1
2
3
Energy transition and energy security increases investments into development of offshore energy.
Global demand for offshore vessels continues to improve. With limited supply of new vessels, supply/demand balance is tightening, giving positive impact on commercial terms.
High- and increasing activity in all main geographical regions, with Brazil and North Sea as particularly strong.
4 On the negative side, high inflation and interest rate levels increases the opex and finance cost.
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Optimizing fleet composition for the future
Fleet of 80 operational vessels.
Finalized sale of "non-strategic" fleet in
2Q 2022.
Furthermore, 3 vessels laid up for several years have been sold in 2022.
86% operational utilization year to date.
Operational fleet
composition
15
39
26
AHTS PSV CSV
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Solstad Farstad ASA published this content on 14 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2022 06:59:09 UTC.
Solstad Offshore ASA is a Norway-based owner and operator of offshore service vessels (OSVs), offering maritime services to the global offshore and renewable energy industry. It provides specialized offshore tonnage to all the hotspots of the offshore energy industry worldwide. The Company operates 100 vessels worldwide. The Companyâs business activities are divided into four business segments: AHTS: anchor handling vessels, PSV: platform supply vessels, Subsea and Renewable. The Companyâs main activities are concentrated on the markets in Europe, Brazil, Australia and Asia. To support the worldwide activity the Company have offices located in Singapore, Brazil, United Kingdom, Australia, Philippines, Ukraine and Norway where the head office is located in Skudeneshavn.
SOLSTAD OFFSHORE ASA 
