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Repsol Sinopec inks Safe Boreas extension

Written by  OE Staff Monday, 30 January 2017 09:15

Repsol Sinopec Resources UK exercised further options with Prosafe to extend the charter of the Safe Boreas semisubmersible accommodation unit by a total of 17 days.

The firm operational period of the Safe Boreas at Montrose A in the UK sector of the North Sea is now through 27 February 2017 with Prosafe continuing with the reduced option periods’ day rate consistent with market conditions.

Repsol Sinopec has the ability to extend the Safe Boreas further through weekly options.

Earlier this month, Repsol Sinopec extended the contract for 21 days.

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Repsol Sinopec extends Safe Boreas

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