Vessel contractor Prosafe will get paid at least $25.5 million for deploying the Safe Scandinavia floatel at the Ula platform in the Norwegian North Sea.
The value of the deal with Aker BP could rise to $36.7m if extension options are exercised.
The firm duration of the contract commencing mid-August 2018 is seven months with eight one-month options.
Prosafe chief executive Jesper Kragh Andresen said: “Prosafe is very pleased with this contract, as it provides employment for the Safe Scandinavia for up to 15 months.
“We are also proud to again be chosen by Aker BP, this time to deliver first class safe and efficient accommodation services at the Ula platform.”
Prosafe owns and operates semi-submersible accommodation vessels.
The company is headquartered in Larnaca, Cyprus and is listed on the Oslo Stock Exchange.