Solstad Offshore (SOFF) signed a four-year frame agreement with Saipem (Portugal) Comercio Maritime for the Normand Cutter construction support vessel (CSV).
Through this deal, Saipem can utilize the Normand Cutter to support their subsea construction activities worldwide at pre-agreed commercial terms.
As part of the agreement, Saipem has declared a utilization of approximately six months from June 2017 for the Normand Cutter on a project in West Africa.