Prosafe had also granted Lundin extension options of either a five month option exercisable up to the third quarter of 2014 or a two months option exercisable up to the third quarter of 2015.
The contract is the first for the Safe Boreas, a harsh environment accommodation rig which can accommodate 450 people, the company said.
Edvard Grieg, formerly named Luno, is Lundin’s first operated standalone development off Norway, located in the North Sea.
