Saipem Extends ‘Normand Cutter’ CSV Contract

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.