Solstad Offshore ASA
Highly Engaged Employees
Highly Engaged EmployeesMarine Shipping & Transportation · Norway · 1K - 5K Employees
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Overview
Headquarters
Nesavegen 39, Skudeneshavn, Rogaland, 42...Phone Number
+44 1224039430Website
www.solstad.comRevenue
$582.1 MillionIndustry
ZI Rank: 1
Signal Type
Mar
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ZI Rank
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About Solstad Offshore ASA
Solstad Offshore ASA operates offshore service and construction vessels for offshore and renewable energy industry worldwide. It provides platform supply vessel, anchor handling vessel, subsea construction, and renewable energy services. The company offers subsea construction and renewable energy services, such as geotechnical work, walk to work services, grouting, SURF operations, deep sea mining, cable laying and repair, trenching and burial, ROV support, installation of subsea equipment, survey work, IMR operations, node seismic operations, and diving and topside maintenance work. It operates a fleet of 25 construction service vessels, 26 anchor handling tug support vessels, and 45 platform supply vessels. The company was founded in 1964 and is headquartered in Skudeneshavn, Norway.Explore more
Solstad Offshore ASA Org Chart
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Company Profile Activity
Activity Insights
Solstad Offshore ASA is experiencing very low activity levels compared to other companies in the Transportation sector.
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Solstad Offshore ASA is drawing exceptional interest within the Transportation industry, suggesting notable developments or strong market momentum, learn more about Solstad Offshore ASA.
Solstad Offshore ASA Tech Stack
A closer look at the technologies used by Solstad Offshore ASA
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Most Recent Scoops
Earnings
which holds approximately 36% of Omega Subsea, reported that Omega Subsea generated revenue of approximately $96 million and EBITDA of $27 million over the last 12-month period, with 16 ROVs currently in operation and a further 14 scheduled for delivery in H2 and beyond.
Earnings, Stake & Stock Ownership, Finance
Partnership
Solstad Offshore ASA has announced that its joint venture with SBM Offshore, NISA, has extended its frame agreement with SBM Offshore through 2034, under which SBM Offshore commits to hiring the mooring installation vessel Normand Installers for approximately 200 days per year.
Partnership
Earnings
Solstad Offshore ASA has reported operating income of $105 million for Q2, up from $78 million in the same quarter last year, and $191 million for H1, compared to $147 million last year, driven by four Solstad Maritime vessels on bareboat commencing four-year contracts in February and approximately $5 million recognized from a successful arbitration outcome regarding disputed hire from 2024.
Earnings, Finance
Earnings
which holds a 27.3% stake in Solstad Maritime, is set to receive approximately $13 million in dividends for the quarter, with its share of Solstad Maritime's market capitalization standing at approximately $313 million as of Q2.
Earnings, Stake & Stock Ownership, Finance
Partnership
Partnership
Solstad Offshore ASA News & Media
Solstad Offshore secures $65 million in contracts - Inspenet
Solstad Offshore has announced the award of two important contracts that consolidate its operational presence in Brazil.Solstad Offshore acquires stake in ROV operator Omega Subsea - Baird Maritime
Solstad Subsea Holding, a wholly owned subsidiary of Solstad Offshore, has signed certain transaction documents whereby Solstad will acquire a 35.8 per cent ownership share in Omega Subsea, thereby further strengthening Solstad Offshore’s position in the subsea services segment.Solstad Offshore Bolsters Ownership Stake in Omega Subsea - Marine Technology News
Solstad Subsea, A Wholly Owned Subsidiary Of Solstad Offshore, Has Agreed To Acquire A 35.8% Shareholding In ROV And Subsea…
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Frequently Asked Questions Regarding Solstad Offshore ASA
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Solstad Offshore ASA operates offshore service and construction vessels for offshore and renewable energy industry worldwide. It provides platform supply vessel, anchor handling vessel, subsea construction, and renewable energy services. The company offers subsea construction and renewable energy services, such as geotechnical work, walk to work se... Read More
