BP inks Prosafe rig options

Extended: BP holds onto Prosafe's Safe Scandinavia for another month

BP is keeping hold of a Prosafe accommodation rig for another month at a North Sea field in a contract worth almost $7 million to the Norwegian rig owner.

The UK supermajor has exercised both of its 14-day options on the Safe Scandinavia which is currently working for BP on the Valhall field.

The contract is worth $6.8 million to Oslo-listed Prosafe putting the dayrate at nearly $243,000.

In late October BP opted to hold onto the rig for another six weeks.

The Safe Scandinavia only began its current charter to BP at Valhall earlier in October. It was first employed at the site by the British outfit in December 2008 and has since alternated there with another Prosafe unit.

In the second half of next year it will go on charter to ConocoPhillips for about a firm five months for work off Norway and the UK. The US supermajor also holds an option to take the unit until the end of 2012.

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