UK: BP Extends Safe Caledonia Contract

BP Exploration Operating Company Limited (‘BP’) has extended the contract duration for the use of Safe Caledonia accommodation rig at the Andrew Area Development Project in the UK sector of the North Sea.

The revised contract period incorporates operations at the Magnus platform and extends the contract by seven months to end March 2014. The dayrate of the revised firm period of 15 months is slightly reduced compared to the original contract of eight months. Total value of the firm period will now be around USD 116 million.

The Safe Caledonia was built in 1982 at the GVA / Kockums yard in Sweden to a Pacesetter design, and was refurbished and upgraded to DP 2 / POSMOOR in 2004. It has a maximum of 454 beds, 9 offices and 78 workstations, a high level of accommodation and a fully articulated, automated gangway.

The Safe Caledonia has DP 2 station keeping abilities and can also deploy a 10-point wire mooring pattern, managed by a POSMOOR thruster assisted online mooring system. She is able to serve the most demanding charters in all geographical areas.

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Offshore Energy Today Staff, May 29, 2012