Delivery of CSV Normand Jarl to new owner

Skudeneshavn, Norway - 15 February 2023

Normand Ships AS, a wholly owned subsidiary of Solstad Offshore ASA (Solstad Offshore, OSE: SOFF), has delivered the CSV Normand Jarl to the new owner according to the terms described in a stock exchange announcement made on 12 December 2022.

Solstad Offshore will recognize a gain on the sale of approximately MNOK 420 to be reflected in the Q1 2023 accounts.

CSV Normand Jarl. Image by Solstad Offshore ASA

Solstad Offshore ASA press release.