Solstad Offshore Uk Limited

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Solstad Offshore Uk Limited - overview

Established

1964

Location

Aberdeen, -, UK

Primary Industry

Transportation Services

About

Solstad Offshore UK Limited specializes in providing marine services for the offshore energy sector, focusing on the support of oil and gas exploration and production through a fleet of advanced vessels. Founded in 1964, Solstad Offshore UK Limited operates in the offshore energy sector, delivering specialized marine services through its fleet. The company is headquartered in Aberdeen, Scotland, and has expanded its operations internationally. Felipe Meira serves as the CEO, overseeing the company's strategic initiatives.


Solstad Offshore ASA and Solstad Maritime ASA provide a comprehensive range of marine services, primarily focusing on the global offshore energy sector. Their core product offerings include Anchor Handling Tug Supply (AHTS) vessels and Construction Support Vessels (CSV), such as the 'Normand Commander' and 'Normand Pioneer. ' These vessels are designed to support offshore operations, including the installation and maintenance of energy infrastructure, subsea operations, and logistical support for oil and gas exploration. Solstad's client base includes major energy companies like Petrobras and SAExploration, which utilize their services to enhance operational efficiency and safety in challenging marine environments.


The company operates predominantly in international markets, providing services in regions such as the North Sea, Brazil, and other offshore oil and gas hubs, catering to the specific needs of their clients in these geographical areas. Solstad Offshore ASA and Solstad Maritime ASA generate revenue through contractual agreements with their clients, structured primarily as B2B transactions. The firm engages in long-term contracts with energy companies for the lease of their specialized vessels, facilitating operations in offshore energy exploration and production. These contracts often include provisions for performance-based incentives and operational efficiencies, ensuring mutual benefit for both the company and its clients.


Specific pricing plans are tailored to the nature of the contracts, depending on vessel type and operational requirements. Flagship services, such as those offered by the CSV fleet, are central to their revenue model, reinforcing the importance of their offerings in achieving successful offshore operations for their clients.


Primary Industry

Transportation Services

Sub Industries

Transportation Services, Marine

Website

https://www.solstad.com

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.