Subsea7 has secured a decommissioning contract from Ithaca Energy for the Alba FSU and FPF-1 at the Greater Stella field, 230 km east of Aberdeen, with offshore work starting in Q2 2026.
Prosafe reports that Ithaca Energy has exercised an additional seven-week option for the Safe Caledonia, extending accommodation support at the Captain field into early February 2026. The extension follows a recent two-week option and carries an estimated value of USD 6.4 million.
Valaris reports multiple contract extensions in the UK North Sea, including a 194-day extension for the VALARIS 121 from Shell and a 150-day extension with Ithaca Energy.
Prosafe confirmed that Ithaca Energy exercised a two-week option for the Safe Caledonia at the Captain field, keeping the TAMS semi-submersible ASV in service until mid-December 2025.
