Norwegian OSV owner Solstad Offshore has signed a long-term agreement with Total E&P do Brasil for a platform supply vessel for the deepwater Lapa field in the pre-salt Santos Basin offshore Brazil
Total has contracted the PSV for 13 months and holds two six-month options to extend the charter.
The contract will start in August, with UT 731 CD AHTS Far Sagaris serving as the lead-in vessel until a PSV from the Solstad fleet will take over later this year. The vessels will support Total’s activities in the Lapa Field in Brazil.
The Lapa consortium is operated by Total, which holds a 35% stake, in partnership with Shell (30%), Repsol Sinopec Brasil (25%) and Petrobras (10%).
In addition, the contracts for PSVs Far Scotsman and Normand Serenade have each been extended by three months, which will keep both vessels on charter until November supporting Equinor Brazil’s portfolio activities.
In other company news, Solstad Offshore subsidiary Farstad Supply AS has sold 1999-built PSV Far Star. Vietnamese buyer Hai Duong Co bought the PSV for US$1.2M, according to UK-based ship valuations firm VesselsValue.