French oil giant Total has delayed a contract due to be led by vessel-owner Prosafe at its Elgin field in the North Sea.
The deal, for the Safe Caledonia to provide accommodation support at the Elgin complex, has been delayed by one year.
The contract was originally slated for this month.
Prosafe said the duration of the contract will now begin around late Q1 2021 and runs for 162 days with one 30-day option.
Total will pay a deferral fee for the postponement of the contract.
Jesper Kragh Andresen, chief executive of Prosafe said: “This contract remains important for both Prosafe and Total, even as we face a time of unprecedented challenge.”
The Elgin field is located around 150 miles east of Aberdeen.
It was first discovered in 1991.
Prosafe is in an ongoing competition clearance process related to the intention to merge with Floatel International.
In November, the Norwegian Competition Authority rejected the merger, while competition clearance was on-going in the UK.
Earlier this month, Prosafe and Floatel agreed to extend the long stop date in the share purchase agreement from December 31, 2019 until June 30, 2020.