The Safe Zephyrus was preparing to mobilize to Shell’s Shearwater complex in the UK North Sea to start a 110-day contract during 2Q, with a 30-day extension option.
However, Shell has decided that the program will not go ahead in 2020: discussions continue, with the vessel currently laid up at the Averøy yard in Norway. The Safe Caledonia has been laid up in the UK after Total and Prosafe agreed to defer a 162-day contract at the Elgin complex in the same region by one year.
Offshore Brazil, the Safe Notos and Safe Eurus had been supporting Petrobras under long-term contracts. In March this year, client personnel on both vessels were demobilized and the vessels were moved closer to shore.
Petrobras then imposed a suspension of the contract for a period of up to 120 days, during which the company continues to provide all logistical services, fuel, and catering support. Prosafe has not been receiving income during this period; however, the two parties are discussing commercial and payment terms related to the eventual recommencement.
In May, the Safe Concordia completed its contract for Equinor alongside the Peregrino FPSO in the Campos basin and the rig is presently laid up in Brazil, available for charter. Finally, the Safe Scandinavia, Safe Boreas, and Regalia have all been idle and laid up in Norway, with Regalia being marketed for recycling.