Solstad in ‘Normand Cutter’ charter with Saipem

Solstad in ‘Normand Cutter’ charter with Saipem

Norwegian offshore shipping specialist Solstad has signed a frame agreement with Saipem for the use of its construction support vessel Normand Cutter.

According to Solstad, the frame agreement with Saipem’s Portuguese subsidiary is valid for 4 years.

Through this agreement, Saipem can utilize the “Normand Cutter” to support their subsea construction activities worldwide at pre-agreed commercial terms.

As part of the deal, Saipem has declared a utilization of approximately 6 months from June 2017 for the “Normand Cutter” on a project in West Africa. Read More

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