Search results for: Accommodation Rigs

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A list of search results

  • 14 May 2015
    Exploration & Production

    Prosafe, world’s largest provider of offshore accommodation rigs, has reported its net profit for the first quarter of 2015 of $27 million, up from $18 million in the first quarter of 2014. The company’s operating profit for the first quarter amounted to $55.4 million versus $22.9 million in the same quarter of 2014. The increase […]

  • 9 February 2015
    Exploration & Production

    Prosafe, the world’s largest owner of offshore accommodation rigs, known as flotels, has today reported its net profit for the fourth quarter of 2014 was $51 million. The profit was lower when compared to $59.7 million earned in the same period of 2013. Explaining the drop in profit, the company has said that the result […]

  • 22 January 2015
    Exploration & Production

    Teekay’s first offshore accommodation unit, the Arendal Spirit, has left for sea trials. The company has made the announcement through its twitter account.  The Arendal Spirit is a flotel based on the Sevan Marine cylindrical hull design. The unit was built at the COSCO shipyard in China. The accommodation rig has secured a three-year fixed-rate charter contract, […]

  • 9 November 2018
    Exploration & Production

    World’s largest offshore accommodation company Prosafe has bid a farewell to one of its older flotels – the Safe Astoria.

  • 14 April 2014
    Business & Finance

    Prosafe and BG Group have agreed a change to the Safe Bristolia accommodation support vessel work programme in 2014 to allow inclusion of a contract award from ConocoPhillips Petroleum Company U.K. Limited for the provision of the vessel at the Judy platform in the U.K. sector of the North Sea. Operations at Judy are planned […]

  • 4 October 2012
    Business & Finance

    Prosafe has today entered into a Letter of Intent for the construction of a semi-submersible accommodation rig at Jurong Shipyard Pte Ltd (“JSPL”) in Singapore. The rig, which is of similar design as Safe Boreas presently in construction at JSPL, will be built to comply with  Norwegian regulations. The rig will be ready for operations […]

  • 22 January 2015

    Safe Boreas, a newly built offshore accommodation rig owned by Prosafe, is on its way to Norway. The rig was named at a ceremony in Singapore in October last year. According to the owner, Prosafe, the flotel was delivered from Jurong Shipyard in Singapore earlier this month. The rig is currently sailing through the Strait […]

  • 22 November 2013
    Business & Finance

    Prosafe has entered into firm contracts with COSCO (Qidong) Offshore Co., Ltd. for the engineering, procurement and construction of two semi-submersible accommodation vessels, with options for four further units.     The vessels will be the most advanced and flexible units for worldwide operations excluding Norway, and will be ready for operations in 2016. The […]

  • 17 March 2014
    Business & Finance

    Prosafe has been awarded a Letter of Intent (LoI) by an undisclosed oil major for the provision of the Safe Scandinavia semi-submersible accommodation vessel temporarily converted for tender support operations at a location on the Norwegian continental shelf. On site operations are planned to start June 2015, with a firm period of three years. In […]

  • 20 November 2013
    Business & Finance, Equipment

    China’s COSCO Qidong Offshore co has ordered two offshore cranes from TTS Group, to be installed on board a semi submersible accommodation rig. The value of the order is estimated at approximately NOK 50 million (USD 8.2 million). The accommodation rig  is ordered by Axis Offshore to target the strong demand for modern units to operate […]

  • 19 November 2012
    Business & Finance

    Prosafe has ordered a second harsh environment semi-submersible accommodation rig from Singapores’s Jurong Shipyard Pte Ltd. The rig will be built according to the GVA 3000E design and equipped with a DP3 (dynamic positioning) system as well as 12-point mooring arrangement. The unit, which is of similar design as Safe Boreas presently in construction at […]

  • 13 December 2011
    Business & Finance

    Prosafe, a Cyprus-based owner and operator of semi-submersible accommodation/service rigs has been awarded a contract by Cotemar Group (“charterer”) for a contract extension for Safe Hibernia to be used at Pemex’ Cantarell, an aging supergiant oil field in Mexico. The Safe Hibernia bareboat contract is extended by 744 days, through to end-December 2013. The value of […]

  • 23 September 2011
    Business & Finance

    Bergen Group Hanøytangen is awarded contract for a yard stay for the accommodation rig Safe Scandinavia in October this year. The length of the dock stay is one about one week, and the contract value for Bergen Group Hanøytangen is estimated to NOK 8-10 million. Safe Scandinavia, which is operated by Prosafe Offshore Limited (Prosafe), […]

  • 28 March 2012
    Business & Finance

    This will be Floatel’s fourth accommodation semi with Keppel FELS after the delivery of Floatel Superior and Floatel Reliance in 2010 and the order of Floatel Victory in 2011.

  • 10 April 2012
    Business & Finance

    Prosafe, an owner and operator of semi-submersible accommodation/service rigs, has been awarded two separate contracts by Statoil Petroleum AS (‘Statoil’) using the Safe Scandinavia and Regalia.  The Safe Scandinavia will be used for accommodation support at Snorre A in the Norwegian sector of the North Sea for a nine-month firm period. On site operations are […]

  • 3 January 2017
    Business & Finance

    Repsol Sinopec Resources UK has extended the charter of the Safe Boreas offshore accommodation rig by 21 days. According to Prosafe, the owner of the rig, the firm operational period of the Safe Boreas rig has been extended through January 27, 2017. The Safe Boreas is working at Montrose A in the UK sector of the […]

  • 16 March 2015
    Exploration & Production

    The global offshore accommodation market has seen significant growth over the past five years, with PoB requirements increasing by 27% between 2009 and 2014, Douglas Westwood, an energy industry intelligence group, writes in its “DW Monday” report. Although the recent oil price decline has negatively impacted the accommodation market to some extent, the affect thus […]

  • 19 July 2018
    Exploration & Production

    Norwegian oil firm Equinor has exercised an option to extend a contract for a Prosafe offshore accommodation unit.

  • 6 January 2014

    OOS International B.V., an offshore services company providing offshore accommodation services, today announced that with support from CIMC Capital it has successfully secured a four-plus-four-year charter contract for two semisubmersible crane and accommodation platforms for Petrobras Brazil.   OOS International has scheduled the delivery of the two vessels to Petrobras at the start 2014. The […]

  • 22 December 2011
    Business & Finance

    KBR’s subsidiary GVA has been awarded a contract for the design of a GVA 3000E Accommodation Unit by Jurong Shipyard. The new unit—to be installed in the North Sea Norwegian Continental Shelf—will be one of the most advanced and efficient harsh environment accommodation rigs in the world. This is the fourth rig designed for Prosafe […]

  • 17 April 2013
    Business & Finance

      Wärtsilä, the marine industry’s leading solutions and services provider, will supply a comprehensive, fully integrated power, propulsion and positioning system for a DP3 Dynamically Positioned offshore accommodation rig being built in China. The contract was signed in January with Cosco (Qidong) Offshore Co. Ltd, the yard building the vessel for Singapore based Axis Offshore. […]

  • 26 January 2017
    Business & Finance, Exploration & Production

    Prosafe has secured a contract with Total to deploy one of its flotels to the UK North Sea. Under the agreement, Total E&P UK will hire the Safe Caledonia semi-submersible accommodation rig at the Elgin-Franklin offshore platform. The firm period of the contract is 134 days plus additional 30 days option to extend with on-site […]