Prosafe secures further extension from Repsol Sinopec

Prosafe secures further extension from Repsol Sinopec

UK accommodation platform operator Prosafe has announced that Repsol Sinopec Resources UK has exercised a further four weeks of options for its accommodation platform Safe Boreas.

Safe Boreas received an extension from Repsol Sinopec Resources UK in February which has expired on March 27, and the latest extension will see the platform continue operations at Montrose A in the UK sector of the North Sea through to April 24. Prosafe says the extension is at a reduced day rate consistent with market conditions.

Repsol Sinopec is entitled to extend the Safe Boreas further through weekly options.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

Related Posts