Flotel Safe Boreas gets another extension from Repsol Sinopec

Repsol Sinopec Resources UK, formerly Talisman Sinopec Energy UK, has exercised a further month of options for the Prosafe-owned accommodation rig Safe Boreas. 

The operator of the accommodation rigs known as flotels, Prosafe, informed on Tuesday that the firm operational period of the Safe Boreas at Montrose A in the UK sector of the North Sea is now through March 27, 2017.

The company added it is 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.

The Safe Boreas started its 245-day firm operational period at Montrose A in mid-March 2016. The flotel’s previous extension for a total of 17 days was announced at the end of January 2017.

Prosafe’s Safe Boreas flotel is of a GVA 3000E design. It was built in 2015 at Jurong Shipyard in Singapore. The unit has the capacity to accommodate 450 persons in single man cabins.

Offshore Energy Today Staff