Safe Boreas gets further extension

Repsol Sinopec Resources UK has exercised a further four weeks of options for the Safe Boreas semisubmersible accommodation vessel, says Prosafe.

The Safe Boreas will continue operations for Repsol Sinopec Resources UK at Montrose A in the UK sector of the North Sea through 24 April 2017 with the reduced option periods’ day rate consistent with market conditions continuing.
Repsol Sinopec has the ability to extend the Safe Boreas further through weekly options.

The Safe Boreas started operations at Montrose A mid-March 2016.

Image of the Safe Boreas, from Prosafe.

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Repsol Sinopec inks Safe Boreas extension