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    Solstad secures Pemex contracts

    Contracts, Tenders and Rates // May 9, 2003
    Solstad Offshore ASA has entered into a contract for Normand Flower in the Gulf of Mexico with Pemex as end user. The commencement of the contract is 1st June 2003 and the duration is for one year firm plus five yearly options.

    Additionally, the company has signed a letter of intent with the same charterers for an extension of the Normand Rover for nine months from December 2003.

    The total contract value for the fixed period (total 21 months) is in excess of $ 16 million.

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