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    Solstad secures extensions for Normand Flower and Normand Progress

    Contracts, Tenders and Rates // September 29, 2003
    Solstad Offshore in Norway has secured extensions to contracts for its vessels Normand Flower and Normand Progress.

    Normand Flower, which is under contract for Pemex/Arrendadora in Mexico, will be under contract until the end of 2004.

    Normand Progress, currently operating off Western Africa for SBM, will remain under contract until June 2004.

    The contract extensions have a combined value of approximately US$11 million.

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