The first aspect of the present invention relates to an offshore drilling system and a method for performing subsea wellbore related activities involving a riser extending between the vessel and a subsea wellbore. The offshore drilling system comprising a drilling vessel with a floating hull, a drilling tower and a tubular string main hoisting device. A vertically mobile working deck with a rig floor slip device is positioned above the moonpool. A telescopic joint and a diverter are provided, wherein the inner barrel of the telescopic joint is secured to the diverter via a flexible joint. Furthermore an integrated heave compensation system is provided such that said travelling block and the mobile working deck move synchronously in heave compensation.