Saipem Ltd, an Italian oil and gas industry contractor, has declared their option to extend the contract for the construction vessel (CSV) “Normand Cutter” with 1 year from May 2014.
This is the second of a total of three yearly options.
Normand Cutter is a 127,5 m Deepwater subsea construction and umbilical lay DP vessel, built by Ulstein Verft and owned by Solstad Offshore ASA.