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Newbuild contract signed with CIMC Raffles

Tuesday, June 23 2026

Installation Vessel

The joint venture formed by SBM Offshore and Solstad Offshore has signed the shipbuilding contract for the recently announced newbuild vessel.

CIMC Raffles has been selected as the shipyard and the vessel will be constructed in the CIMC Raffles Haiyang Construction Base in Shandong province, China.

“This is an important milestone for us and for our partnership with SBM Offshore. We are pleased to have the Shipbuilding contract in place and to start our collaboration with CIMC Raffles on the construction of this next-generation vessel,” says Lars Peder Solstad, CEO of Solstad Offshore ASA.

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.

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Filed Under: CIMC-Raffles, installation vessel, International News, Newbuilding, Oil and Gas, SBM Offshore, Solstad Offshore Tagged With: CIMC Raffles, Installation vessel, Newbuilding, SBM Offshore, Solstad Offshore

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