Solstad Offshore ASA
SLOFF
Other OTC1.51
USD
-1.58
- -
Solstad Offshore ASA
SLOFF
(Other OTC)
Recent
price
1.51
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Solstad Offshore ASA is a Norway-based company specializing in offshore service vessels, providing maritime services primarily to the global energy markets, including oil, gas, and renewable energy sectors. The company owns and operates a modern fleet of more than 100 vessels, including anchor handling tug supply vessels (AHTS), construction support vessels (CSV), and platform supply vessels (PSV). Solstad offers comprehensive offshore shipping services such as anchor handling, towing, subsea construction support, and marine logistics. It also provides specialized vessels equipped for complex offshore projects with dynamic positioning systems and heavy-lift cranes. Founded in 1964 and headquartered in Skudeneshavn, Norway, Solstad Offshore operates globally with a strong presence in key offshore markets including Brazil, Norway, and other international regions. The company also manages joint ventures and associated companies like Solstad Maritime ASA, strengthening its market position and operational capabilities. Recent strategic developments include contract awards securing multi-year assignments with Petrobras and other major clients, reflecting strong demand for its specialized vessels in South America and beyond. Notably, Solstad Maritime ASA, a subsidiary, replaced its earlier vessel Normand Ocean with the larger and more capable Normand Energy for Prysmian Group contracts, enhancing project delivery capabilities with advanced subsea operation features. Additionally, Omega Subsea, in which Solstad holds approximately 36%, ordered new remotely operated vehicles (ROVs) designed to be installed on Solstad vessels, indicating a focus on expanding technological capabilities in subsea services. The company also adjusted its financial guidance for 2025, reflecting current market conditions and operational performance. Solstad Offshore continues to strengthen its commitment to safety, sustainability, and operational excellence, maintaining a skilled workforce of approximately 3,200 employees. Its diversified fleet and strategic partnerships position it as a key player in servicing the offshore energy industry's evolving requirements. The company remains focused on growing its service offerings in offshore energy, including the emerging renewable energy sector, while maintaining strong backlog and contract visibility. This profile encompasses Solstad Offshore ASA’s core products and services, geographic scope, founding year, headquarters, and latest strategic and operational changes.
Solstad Offshore ASA (SLOFF) Q1 2026 Earnings Call Transcript
Solstad Offshore ASA (SLOFF) Q4 2025 Earnings Call Transcript