Solstad Offshore ASA (SOFF) has signed a frame agreement with Saipem (Portugal) Comercio Maritime (Saipem) for the CSV Normand Cutter.

The frame agreement is valid for 4 years.

Solstad Offshore ASA signs frame agreement with Saipem for the CSV Normand Cutter

Pipe Layer Normand Cutter - Image courtesy of Jan van Kan

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 agreement, Saipem has declared a utilization of approximately 6 months from June 2017 for the Normand Cutter on a project in West Africa.

Source: Solstad Offshore