Solstad Farstad ASA (SOFF) and TechnipFMC have agreed to extend the Frame Agreement covering the provision of vessels for ploughing and trenching operations for one year.

The Frame Agreement is now valid until 31st December 2019.

Solstad Farstad announces contract extension with TechnipFMC

“We have been working closely with TechnipFMC since 1997 and are excited that they once again have trusted us to continue the delivery of high powered vessels to support their ploughing and trenching operations.” says Hans Knut Skår, EVP – Subsea Constructions & Renewable of Solstad Farstad ASA.

The initial deal for the supply of vessels for trenching, construction, and subsea services was signed between Solstad Offshore and Technip in 2016, prior to mergers of Solstad Offshore, Farstad Shipping, Deep Sea Supply, and REM Offshore as well as Technip with FMC Technologies and respective name changes.

Source: Solstad Farstad