Prosafe to lay up another flotel as Petrobras contract ends

Prosafe, an owner and operator of semi-submersible accommodation rigs known as flotels, will lay up another one of its units, following contract completion with Petrobras. 

In its operational update for 2Q 2017 on Monday, Prosafe said that its 2005-built flotel Safe Concordia was fully contracted in the second quarter for Petrobras at a market adjusted dayrate.

In late July, the unit completed its contracted operations with the Brazilian oil giant Petrobras. The accommodation unit will now transit to Curacao for lay-up, Prosafe added on Monday.

The rig has been working for Petrobras since 2011 under a three-year contract, which was extended by another three years in late 2013. After this extension ended, the unit continued on short-term extensions at a market adjusted dayrate.

The Safe Concordia is a dynamically positioned (DP2) semi-submersible accommodation rig with beds for 461 persons built at the Keppel FELS shipyard in Singapore and delivered in March 2005.

According to data on Prosafe’s website, Safe Concordia was the first dynamically positioned accommodation unit ever to operate gangway connected to a turret moored FPSO. This was back in 2011.

Prosafe has four other units in lay-up. Safe Zephyrus, Regalia and Safe Bristolia are laid up in Norway, while Safe Astoria is laid up in Indonesia.

In addition, the company has so far scrapped five flotels, the latest one being Safe Regency, which was in mid-June sold for recycling to Aliaga Turkey for $1.25 million. The scrapping is part of Prosafe’s strategy to high grade the fleet and protect cash-flow.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

08th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

OWI WA 2019

West Africa’s only dedicated Offshore Well Intervention Conference is returning for its second year…

read more >

OIL & GAS PHILIPPINES 2019

Oil & Gas Philippines event display products like Oil & gas, fire protection systems and materials…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply