Prosafe drops costs, extends contract

OE Staff
Wednesday, November 9, 2016

Repsol Sinopec Resources UK Ltd. (formerly Talisman Sinopec Energy UK) has exercised options to extend the charter of the Safe Boreas accomodation vessel by 44 days. 

In mid-March 2016, the Safe Boreas started a 245-day firm operational period at Montrose A in the UK sector of the North Sea.

The firm operational period will now continue through 6 January 2017, with Prosafe agreeing to reduce the option periods' day rate consistent with market conditions. Repsol Sinopec can further extend the operations of the Safe Boreas by weekly options. 

Categories: Europe North Sea Vessels

Related Stories

Eidesvik's Viking Avant PSV on Extended Stay with Equinor

DEME to Install Turbines at Zeevonk Offshore Wind Farm

Equinor Plans Subsea Tieback for New North Sea Discovery

Current News

Ocean Oilfield Brings Noble Corporation's Jack-Up Rig Into Its Fleet

Fugro, EirGrid Complete Marine Surveys for Irish Offshore Wind Link

Vår Energi Makes Gas Discovery in Norwegian Sea

Equinor Scales Back Troll Electrification to Preserve Gas Output

Subscribe for OE Digital E‑News