Solstad Secures Contract for Normand Mermaid Construction Support Vessel
Norwegian offshore vessel owner Solstad has announced that it has been awarded a contract for its construction support vessel, the Normand Mermaid.
The contract was awarded by Houston-based seismic data specialist SAExploration and is set to commence in July 2025. The duration of the contract is 150 days, with the possibility of extension. The scope of work includes the provision of two work-class ROVs, tooling, and survey services from Omega Subsea.
While specific financial details were not disclosed, Solstad Maritime described the contract as substantial, estimating its value to be in the range of $10 million to $30 million.