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Solstad Offshore ASA ( (SLOFF) ) just unveiled an announcement.
Solstad Offshore ASA has secured a new contract with Subsea7 for its subsea construction vessel, ‘Normand Subsea,’ extending their partnership that began in 2009. This contract, starting in January 2026, includes a firm two-year period with three additional yearly options, potentially enhancing Solstad’s operational stability and reinforcing its position in the subsea services market.
More about Solstad Offshore ASA
Solstad Offshore ASA operates in the maritime industry, focusing on providing offshore service vessels for the oil and gas sector. The company offers a range of services including subsea construction, maintenance, and repair operations, with a market focus on supporting subsea projects.
YTD Price Performance: 10.36%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $283.6M
For a thorough assessment of SLOFF stock, go to TipRanks’ Stock Analysis page.