Saipem Secures Charter Extension for CSV Normand Cutter

Saipem Ltd 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.

M/S “Normand Cutter”, designed by Vik & Sandvik AS AS, is equipped and fitted for:

• Handling any type of underwater telecommunication cable (dia 14 – 150 mm)
• Handling repeaters up to 380 mm diameter Stacking up to 200 repeaters
• Operation in both shallow and deep water
• Stern working Range 6000 n.m. at service speed
• Continuous operation at sea for 40 days

“Normand Cutter” is built with a flexible, redundant and powerful diesel-electric propulsion and machinery package. Furthermore, it has a hull integrated helicopter landing platform with a 300 MT crane, flexible pipe and umbilical deepwater installation capability.

Saipem, March 24, 2014