Prosafe's Safe Concordia Flotel on $12.7M Extended Stay in Gulf of Mexico

Monday, January 29, 2024

Offshore accommodation rig provider Prosafe has informed that its Safe Concordia semi-submersible flotel secured charter extension in the U.S. Gulf of Mexico.

The charterer of the Safe Concordia flotel exercised early the first four months of six available months of options, according to Prosafe.

The total value of the extended period is approximately $12.7 million, and the fixed term is now through to November 9, 2024.

The extension follows the contract signed in 2022 with 'a major operator' in Gulf of Mexico.

The 330-day contract started in August 2023. Although the name of the client was not disclosed, it is most likely Chevron, considering the position of Prosafe’s Safe Concordia, which is very close to Chevron’s Blind Faith deepwater oil field.

Safe Concordia is a DP2 semi-submersible unit with 389 (461 with ALQ) beds, capable for worldwide operations excluding Norway.

The vessel was constructed at Keppel FELS shipyard in Singapore and delivered in March 2005 before completing an upgrade in July 2015.

Categories: Industry News Activity North America Gulf of Mexico Oil and Gas

Related Stories

SLB, Shell Form Alliance to Streamline Digital Oil and Gas Solutions

Trinidad Seeks Field Plan for Shell’s Aphrodite Gas Project Ahead of Approval

Chevron Targets US, Guyana Output with $19B Spending Plan for 2026

Current News

DeepOcean Awarded IMR Contract Extension by Equinor

BOEM Initiates Process for Potential Mineral Lease Sale Offshore Virginia

Jumbo Scoops Two Offshore Wind Contracts

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

Subscribe for OE Digital E‑News