Solstad Offshore ASA has announced that the current contract of RSV Far Saga with PETROBRAS has been extended for a period of 1 year starting on Oct 30th, 2020. Far Saga has been operating in Brazilian water since 2014.

In addition, PETROBRAS has confirmed the replacement of Far Saga by Normand Poseidon on a new RSV contract for a period of 3 years firm (ref announcement dated 11th May 2020). Commencement of the Contract will take place during 1Q 2021.

Both vessels will sail under Brazilian flag and will support exploration and production activities in Brazilian continental shelf.

Source: https://www.solstad.com/
Image source: Courtesy of Solstad Offshore

Read more Subsea news here