Thursday 28 July 2016

Solstad Offshore ASA ("SOFF" or "Solstad") and REM Offshore ASA ("REM") have on July 27, 2016 agreed to merge REM with a wholly-owned subsidiary of Solstad ("Merger Sub") ("the Merger"). REM, the principal shareholders of REM, and SOFF and its principal shareholders, have entered into an agreement that sets out the terms of the merger.

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