General
SBM Offshore and Solstad Offshore have formed a joint venture, which has entered into a Letter of Intent with a selected shipyard to order a new-build next-generation multi-purpose deepwater installation and construction vessel.
The new vessel is targeted for delivery in the first half of 2029 and will support the installation of ocean infrastructure, including FPSOs, reflecting the Company’s ambition that ocean infrastructure will contribute to driving a sustainable blue economy.
The new installation vessel builds on the operational success of Normand Installer and the existing partnership, combining SBM Offshore’s installation expertise with Solstad Offshore’s track-record of offshore support vessel operations.
The vessel features an optimized design for installing ocean infrastructure in both shallow and deep waters.
