Repsol Sinopec Resources UK Limited (formerly Talisman Sinopec Energy UK Limited) has exercised a further month of options, the company said in its press release.
The firm operational period of the Safe Boreas at Montrose A in the UK sector of the North Sea is now through 27 March 2017 with Prosafe 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.
Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is headquartered in Larnaca, Cyprus and listed on the Oslo Stock Exchange with ticker code PRS.