HOUSTON, July 27-- Total US drilling declined slightly, but the utilization rate among mobile offshore rigs in the Gulf of Mexico dropped for the sixth consecutive week to a 13-month low, industry ...
Fleet utilization was exceptional across all vessel types, with both Construction Support Vessels (CSV) and Anchor Handling Tug Supply (AHTS) vessels achieving 100% utilization in the quarter, ...
The following slide outlines the company’s financial guidance: The company’s debt profile has also improved significantly. Solstad Offshore’s financing structure now includes a $90 million term loan ...
Quarterly Performance Highlights Solstad Offshore reported adjusted EBITDA of $32 million for Q2 2025, representing a 28% increase from $25 million in Q2 2024. Revenue rose to $78 million, up from $58 ...
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