Repsol Sinopec extends ‘Safe Boreas’ gig
- Business & Finance
Repsol Sinopec Resources UK Limited, formerly Talisman Sinopec Energy UK Limited, has exercised options to extend the charter for Prosafe’s accommodation rig Safe Boreas by a total of 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.
Prosafe said on Wednesday that the firm operational period will now continue through January 6, 2017, with Prosafe agreeing to reduce the option periods’ dayrate consistent with market conditions. Repsol Sinopec can further extend the operations of the Safe Boreas by weekly options, Prosafe added.
Prosafe’s 2015-built Safe Boreas is supporting the complex next four phases of the Montrose Area Redevelopment (MAR) project that sees the significant modification and expansion of the existing Montrose Area infrastructure including the development of three new fields: Godwin, Cayley and Shaw.
Safe Boreas was built at Jurong Shipyard in Singapore. It is constructed according to the GVA 3000E design and is equipped with a DP3 (dynamic positioning) system as well as 12 point mooring arrangement. This allows for operations in harsh environments both in DP and anchored mode. The unit has the capacity to accommodate 450 persons in single man cabins.
Offshore Energy Today Staff