Norwegian shipping company Solstad Offshore has joined forces with Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, to strengthen its fleet with a new-build multi-purpose deepwater installation and construction vessel.
Illustration; Source: Solstad Offshore
SBM Offshore and Solstad Offshore have formed a joint venture (JV), which has entered into a letter of intent (LOI) with a selected shipyard to order a new-build next-generation multi-purpose deepwater installation and construction vessel.
This ship, targeted for delivery in the first half of 2029, will support the installation of ocean infrastructure, including floating production, storage, and offloading (FPSO) units, reflecting the Dutch player’s ambition