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Equinor unit exercises option on 2 Solstad platform supply vessels

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Equinor unit exercises option on 2 Solstad platform supply vessels

Equinor ASA subsidiary Equinor UK Ltd. exercised one-year options for two Solstad Offshore ASA platform supply vessels, according to a May 20 release.

The contracts for the Sea Frost and Sea Falcon vessels have been extended until July 2020 and November 2020, respectively, with the Norwegian oil company having more options available after.

Solstad's Sea Surfer vessel was also granted a three-month contract, plus options, by an unnamed client. The contract period is expected to start in June or July.