Total E&P South Africa Contract for Solstad Farstad

Norwegian offshore vessel owner Solstad Farstad has been awarded contact  for two of its vessels by French oil major Total Total E&P South Africa.

"Total has awarded Solstad a contract for one Large Anchor Handling Vessel (AHTS) Normand Ranger (2010, VS 491 Design) and one Platform Supply Vessel (PSV) Far Starling (2014, PSV 08 CD Design)," said a press release from the company.

The contracts are to support Total E&P South Africa’s drilling campaign in Block 11B/12B for 1 well firm + 1 well option, which is expected to commence Q4 2018. The duration of the contracts are likely to be approx. 90 days for the firm well plus mobilization and demobilization time.

Both vessels are currently trading the North Sea Spot Market

CEO Lars Peder Solstad stated, “This is a very exciting project to be involved in so we are delighted to be chosen by Total to partner them on this remote harsh environment drilling campaign”