Search results for: flotel

279 results

A list of search results

  • 5 April 2018
    Exploration & Production

    Statoil has been given consent by the Petroleum Safety Authority to use the Prosafe-owned Safe Zephyrus flotel at the Johan Sverdrup field off Norway. 

  • 20 March 2018
    Business & Finance, Exploration & Production

    Prosafe has been awarded a contract with British oil major BP for the provision of an accommodation vessel in the North Sea.

  • 12 September 2017
    Business & Finance, Exploration & Production

    Oil company Total E&P UK has extended the charter of the Prosafe-owned flotel Safe Caledonia currently operating in the North Sea. The Safe Caledonia semi-submersible accommodation rig is operating at the Elgin-Franklin offshore platform in the UK sector of the North Sea. Total initially awarded the contract for the accommodation rig in January. The deal […]

  • 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. […]

  • 26 April 2017
    Exploration & Production

    Statoil has awarded Prosafe a contract for the provision of the Safe Zephyrus semi-submersible accommodation vessel for a giant North Sea development – the Johan Sverdrup field. Under the contract, the Safe Zephyrus will support Phase 1 of the Johan Sverdrup hook-up and commissioning project in the Norwegian sector of the North Sea. The contract […]

  • 28 March 2017
    Business & Finance, Exploration & Production

    Repsol Sinopec Resources UK Limited, formerly Talisman Sinopec Energy UK Limited, has exercised a further four weeks of options for the Prosafe-owned flotel Safe Boreas.  Prosafe said on Tuesday that the Safe Boreas will continue operations for Repsol Sinopec at Montrose A in the UK sector of the North Sea through April 24, 2017, with […]

  • 14 February 2017
    Business & Finance, Exploration & Production

    Repsol Sinopec Resources UK, formerly Talisman Sinopec Energy UK, has exercised a further month of options for the Prosafe-owned accommodation rig Safe Boreas.  The operator of the accommodation rigs known as flotels, Prosafe, informed on Tuesday that the firm operational period of the Safe Boreas at Montrose A in the UK sector of the North Sea […]

  • 30 January 2017
    Business & Finance, Exploration & Production

    Repsol Sinopec Resources UK, formerly Talisman Sinopec Energy UK, has exercised further options to extend the charter for Prosafe’s flotel Safe Boreas.  Prosafe informed on Monday that the extension is for a total of 17 days. The firm operational period of the Safe Boreas at Montrose A in the UK sector of the North Sea […]

  • 19 January 2017
    Exploration & Production

    Prosafe, an owner and operator of semi-sub accommodation rigs, has decided to sell one of its units for scrap after buying two new ones from Axis Offshore.  Following the completion of the acquisition of Safe Nova and Safe Vega through a deal made with Axis in November 2016, Prosafe has now taken a final decision […]

  • 16 January 2017
    Business & Finance, Exploration & Production

    Repsol Sinopec Resources UK, formerly Talisman Sinopec Energy UK, has exercised options to further extend the charter of Prosafe’s flotel Safe Boreas by a total of 14 days. The firm operational period of the Safe Boreas at Montrose A in the UK sector of the North Sea is now through February 10, 2017, Prosafe said […]

  • 30 December 2016

    Axis Offshore has completed the sale of shares in flotel Dan Swift to the offshore accommodation specialist Prosafe.  Axis and Prosafe inked a letter of intent in November for the potential sale of two new harsh-environment semi-submersible accommodation rigs, the Axis Nova and the Axis Vega, and for 25% interest in Axis Offshore’s monohull unit, Dan Swift. […]

  • 20 December 2016

    Norway’s safety watchdog, the Petroleum Safety Authority (PSA), has identified four non-conformities during a risk assessment audit on Prosafe’s flotel Safe Zephyrus. The PSA said on Tuesday that the non-conformities relate to mapping and risk assessment, prioritization, implementation and verification of measures, communication and clarification of roles and responsibilities, and employee participation. The audit, conducted […]

  • 16 December 2016
    Business & Finance, Exploration & Production

    Prosafe, an owner and operator of semi-submersible accommodation rigs known as flotels, has received a contract extension for one of its units from Aker BP. Aker BP, made by merging Det norske and BP Norge, extended the charter of the Safe Zephyrus semi-submersible accommodation rig at the Ivar Aasen project in the Norwegian sector of the […]

  • 31 October 2016
    Exploration & Production

    Axis Offshore, a provider of accommodation rigs or flotels servicing the offshore oil & gas industry, has postponed the delivery of its second flotel, the Axis Vega, being built by Cosco’s yard in China.  The company informed on Monday it has agreed an amendment to the shipbuilding contract with Cosco (Qidong) Offshore for the Axis Vega. According […]

  • 21 October 2016

    Prosafe, an owner and operator of semi-submersible accommodation vessels known as flotels, laid up two more units during the third quarter of 2016.  In an operational update on Friday, Prosafe said that the 1982-built flotel Safe Caledonia completed its operation for BP in August and the vessel has been laid-up in UK since then. BP hired the […]

  • 29 September 2016
    Exploration & Production

    Axis Offshore, a provider of flotels servicing the offshore oil & gas industry, has further postponed the delivery of its newbuild flotel Axis Nova that is being built at Cosco’s yard in China. Following completion of sea trials, the accommodation rig, or flotel, will be laid-up at the yard until August 20, 2017. The company said on Thursday […]

  • 4 August 2016

    Teekay Offshore has canceled construction contracts for two newbuild cylindrical flotels with China’s Cosco shipyard.  The company said on Thursday in its second quarter 2016 results report it canceled the construction contracts for two units for maintenance and safety (UMS) and, as a result, incurred a $43.7 million write-down. Teekay became the owner of these […]

  • 3 August 2016
    Exploration & Production

    The Petroleum Safety Authority (PSA) has granted Det norske consent to use the Safe Zephyrus semi-submersible accommodation rig to accommodate personnel during the completion and start-up phase of the Ivar Aasen development off Norway. Det norske is the operator of the Ivar Aasen field, located 175 kilometers west of Karmøy in Rogaland county. The Ivar […]

  • 21 July 2016

    Prosafe has received the Petroleum Safety Authority’s Acknowledgement of Compliance (AoC) for the newbuild flotel Safe Zephyrus. The flotel, built by Sembcorp Marine’s Jurong Shipyard, was completed in November 2015 and delivered to its owner in January 2016. Safe Zephyrus is a semi-submersible accommodation rig which is to operate on behalf of Det Norske on its […]

  • 8 July 2016

    Semi-submersible accommodation vessels operator, Prosafe, on Thursday announced the terms of a proposed comprehensive refinancing that include the deferral of the company’s latest newbuild flotel.  According to Prosafe, if completed, the refinancing will provide greater financial flexibility for the company throughout the period until the end of 2020, including a solid liquidity buffer to weather […]

  • 8 July 2016
    Business & Finance

    Brazil’s oil giant Petrobras has substituted a contract for one of Prosafe’s flotels with another one and agreed with the owner for the contract to start earlier than planned.  Prosafe’s semi-submersible accommodation vessel Safe Eurus will now be substituted by its sister vessel Safe Notos, which will start the contract with Petrobras at an earlier […]

  • 2 June 2016

    Axis Offshore, a provider of flotels for the offshore oil & gas industry, will dry dock its only operational flotel following Petrobras contract expiry in July 2016.  Axis Offshore, a 50/50 joint venture between J. Lauritzen and HitecVision, said in its first quarter 2016 report on Thursday that ordinary contract for the mono-hull flotel Dan Swift is expiring in […]

  • 1 June 2016

    Prosafe, an owner and operator of semi-submersible accommodation vessels also known as flotels, is working on a solution regarding the delivery of its newbuild flotel Safe Eurus to better fit its contractual obligations.  Prosafe’s capital commitments for the year relate to yard installments, which mainly comprise the final installment on Safe Eurus. Given recent shifts in the contract […]

  • 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, […]

  • 31 March 2016
    Business & Finance

    Singapore’s PACC Offshore Services has secured a contract extension in Brazil for its POSH Xanadu semi-submersible accommodation vessel. The company, also known as POSH, said the POSH Xanadu would keep on working in the Campos Basin for another year. The flotel, delivered by a Chinese shipyard in late 2014, has been operating in Brazil since […]