Solstad Offshore ASA (“SOFF”) is pleased to announce that the company has been awarded a new contract by PETROBRAS for the anchor handling tug supply vessel (AHTS) Normand Topazio.

The contract has a duration of 4 years firm and is scheduled to commence in 1Q 2026. The vessel will support Petrobras operations in Brazil.

The total gross value of the contract is approximately USD 73 million.

About Solstad Offshore ASA

The company own and operate a large fleet of offshore vessels, serving clients all over the world. Via the Service segment, the company offers a comprehensive range of services on dayrate basis to its clients, including ROV systems, survey, project manning delivery, engineering, and gangways. Solstad Services has significantly expanded over the years and continues to invest in new technologies and equipment to enhance its offerings.

About Petrobras

Petrobras has upwards of 100 production platforms, 16 refineries, 30,000 kilometers of pipelines and more than 6,000 service stations. Our proved reserves are around 14 billion barrels of oil, a figure expected to double in the next few years. With the discovery of oil and gas in the pre-salt region, Brazil may become the world's fourth biggest oil producer in 2030.