Cyprus: Prosafe Announces Best Ever Quarterly Result

Operating profit amounted to USD 83 million, which is the best ever quarterly result, and net profit amounted to USD 72 million.

Prosafe expects a good long-term demand for semi-submersible accommodation rigs, with stable activity in the North Sea and Mexico and growth in deepwater regions.

Prosafe SE  is an owner/operator of semi-submersible accommodation and service rigs.

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Source: Prosafe, November  5, 2010;