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 is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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