Prosafe now advises that the contract has been signed. The Safe Boreas will mobilize from the North Sea within Q2 2025 and will undergo its five-yearly special periodic survey and other maintenance works prior to the commencement of the contract.
The value of the contract remains at approximately USD$75 million to USD 100 million, depending on options.
Terje Askvig, CEO of Prosafe, says: “Formalizing this contract has been a result of close and positive collaboration. Prosafe is confident that the Safe Boreas industry-leading operational and safety performance will be delivered once again.”