Solstad Offshore ASA (0G2Z.L)

40.56 -0.67 (-1.63%) At close: 05:49PM BST

Solstad Offshore ASA

Nesavegen 39
Skudeneshavn 4280
Norway
47 52 85 65 00
https://www.solstad.com

Sector(s): 
Industry: 
Full-time employees: 2,100

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Lars Peder Solstad	CEO & MD	7.68M	N/A	N/A
Mr. Kjetil Ramstad	Chief Financial Officer	3.84M	N/A	N/A
Mr. Tor Johan Tveit	Chief Operating Officer	3.25M	N/A	N/A
Jostein Fjelland	Accounting Manager	N/A	N/A	N/A
Ms. Olaug Hoines Hillesland	Administration & Communication Director	N/A	N/A	N/A
Mr. Per Stange	Human Resources Director	N/A	N/A	N/A
Mr. Hans Knut Skar Jr.	Chief Commercial Officer	2.72M	N/A	N/A
Leif Henning Stave	Controller	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NOK.

Description

Solstad Offshore ASA operates offshore service vessels and maritime services to offshore energy industry. It owns and operates platform supply vessel, anchor handling tug support vessel, and construction service vessels. The company offers subsea construction and renewable energy services, such as geotechnical work, walk to work services, grouting, SURF operations, cable laying and repair, trenching and burial, ROV support, installation of subsea equipment, survey work, IMR operations, node seismic operations, and diving and topside maintenance work. It operates a fleet of 27 construction service vessels, 20 anchor handling tug support vessels, and 39 platform supply vessels. The company was founded in 1964 and is headquartered in Skudeneshavn, Norway.

Corporate governance

Solstad Offshore ASA’s ISS governance QualityScore as of 1 April 2024 is 10. The pillar scores are Audit: 9; Board: 10; Shareholder rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.