Search results for: Prosafe

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  • 23 December 2010
    Business & Finance

      The latest edition of the corporate magazine Prosafe NOW can now be downloaded from this web site. The magazine features amongst others articles about Prosafe’s future operations in Brazil, about the new group CEO, about the MSV Regalia – Safe Scandinavia rig change-out and about Prosafe’s safety focus. Prosafe is the world’s leading owner […]

  • 27 May 2010

    Arne Austreid has resigned as president and CEO of Prosafe. “I have been with Prosafe for 12 years. It has been exciting to be a part of the successful development of Prosafe, and a privilege to lead Prosafe to what it is today. I will miss many skilled colleagues when I leave Prosafe. I have, […]

  • 9 February 2017
    Business & Finance

    Offshore accommodation specialist Prosafe has named a new CEO and made several other changes to its management team.  Prosafe said on Thursday that Jesper Kragh Andresen was appointed as the CEO of Prosafe AS while Stig H. Christiansen became the new deputy CEO in addition to being the CFO of Prosafe Management AS. Andresen was until recently […]

  • 7 March 2016
    Exploration & Production

    Prosafe, an owner and operator of semi-submersible accommodation vessels also known as flotels, has informed that Pemex will suspend a contract for one flotel, and it is also likely the company will suspend a contract for another flotel.  According to Prosafe’s statement on Monday, Petróleos Mexicanos (Pemex) has been cutting spending in order to adjust the company’s […]

  • 24 January 2019
    Business & Finance

    Prosafe has submitted the largest bid in two online auctions for the supply of safety and maintenance support vessels to Brazil.

  • 9 April 2020
    Business developments & projects, Project & Tenders

    Prosafe, a provider of semi-submersible accommodation rigs, is in talks with operators related to potential contract changes for its units.

  • 8 March 2018

    Prosafe has won a court case against Westcon related to cost overruns for the conversion of the Safe Scandinavia unit. 

  • 23 August 2018
    Exploration & Production

    Things are looking up for the offshore accommodation rig industry if the world’s largest flotel rig owner is to be believed.

  • 14 June 2018
    Exploration & Production

    Prosafe, the Oslo-listed provider of offshore flotels has further extended its standstill agreement for delivery of Safe Nova and Safe Vega accommodation rigs built by Cosco in China.

  • 1 April 2020
    Business & Finance

    Prosafe is still working with its lenders to come up with a financial solution to ensure the company’s long-term stability.

  • 4 June 2019
    Exploration & Production

    Offshore accommodation rig owners Prosafe and Floatel have agreed to merge businesses in what they say is “merger of equals.”

  • 26 November 2019
    Exploration & Production

    Offshore accommodation giant Prosafe has appealed the Norwegian Competition Authority’s decision to reject the proposed Prosafe-Floatel merger.

  • 2 April 2018

    Prosafe has further extended its standstill agreement with China’s shipbuilder Cosco for two semi-submersible accommodation rigs, Safe Nova and Safe Vega.

  • 21 June 2010
    Business & Finance

    BW Offshore Limited , one of the world’s leading FPSO contractors and a market leader within advanced offshore loading and production systems to the oil and gas industry, announced today its intention to make a voluntary exchange offer for all of the shares of Prosafe Production Public Limited not currently owned by BWO. The consideration […]

  • 27 April 2016
    Business & Finance

    Prosafe, an owner and operator of semi-submersible accommodation vessels, has decided to appoint Stig H. Christiansen as the new interim chief executive officer (CEO) for Prosafe Management. According to Prosafe, the company’s current CEO, Karl Ronny Klungtvedt, has agreed to step down so the company decided to name its current CFO, Stig H. Christiansen, as the new […]

  • 7 August 2017
    Exploration & Production

    Prosafe, an owner and operator of semi-submersible accommodation rigs known as flotels, will lay up another one of its units, following contract completion with Petrobras.  In its operational update for 2Q 2017 on Monday, Prosafe said that its 2005-built flotel Safe Concordia was fully contracted in the second quarter for Petrobras at a market adjusted dayrate. […]

  • 27 April 2016

    Prosafe, an operator of semi-sub accommodation units known as flotels, has decided to scrap three of its oldest units, and to cold stack other units starting with the Safe Astoria. The company said on Wednesday that it would scrap its 1982-built Jasminia, the 1977-built Hibernia and Safe Britannia, built it 1980. Prosafe’s Safe Astoria was built in 1983, […]

  • 11 January 2011
    Business & Finance

    Prosafe has been awarded a Letter of Intent (“LOI”) by an undisclosed client for the provision of the Safe Scandinavia accommodation support rig at a project in the British sector of the North Sea. The firm period of the contract linked to the LOI is four months with on site operations planned to commence August […]

  • 24 October 2011
    Business & Finance

      Prosafe has been awarded a 150-day contract using the Safe Astoria for accommodation support at the Woodside operated North West Shelf Project’s North Rankin Redevelopment Project, offshore Western Australia. On site operations are planned to commence between April and May 2012. In addition, Prosafe has granted Woodside two additional 30-day options. Total value of […]

  • 24 December 2018
    Business & Finance, Exploration & Production

    Prosafe has been awarded two contracts for operations in the UK sector of the North Sea.

  • 7 December 2017
    Exploration & Production

    Prosafe has further extended its standstill agreement with China’s Cosco Qidong shipyard for two semi-submersible accommodation rigs.

  • 6 August 2018
    Exploration & Production

    Offshore accommodation rig specialist Prosafe has reached an agreement with the Chinese shipyard Cosco over the delivery of three units sitting at the Chinese yard.