5372 results found for 'prosafe'

5372 results found for 'prosafe'
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  • Prosafe Awarded Contract Extension for Safe Caledonia

    1 April 2005

    Prosafe has been awarded a 30-day contract extension effective July 6, 2005 from SNEPCO (Shell Nigeria Exploration & Production Company) for the use of Safe Caledonia for DP hook-up/construction support to the FPSO Bonga in Nigeria.

  • Prosafe Lands Contract for Safe Astoria Rig, Offshore Australia

    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 […]

  • Wärtsilä in long term maintenance deal with Prosafe

    14 January 2016
    Exploration & Production

    Finland’s solutions provider for offshore oil and gas industry Wärtsilä, has signed a long-term maintenance agreement with Prosafe, the world’s largest owner of semi-submersible accommodation vessels also known as flotels. The 10-year agreement covers the diesel engines onboard Prosafe’s new build flotel Safe Boreas. Maintenance agreements for Prosafe’s three other new build flotels – Safe Notos, […]

  • New Gulf of Mexico gig for Prosafe unit

    22 September 2022
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Offshore accommodation rig provider Prosafe has secured work for one of its units with an undisclosed player in the U.S. Gulf of Mexico.

  • Prosafe gains support for restructuring plan in Norway

    9 November 2021
    Business & Finance, Business Developments & Projects, Vessels

    Prosafe has achieved what it says is an important milestone in its financial restructuring following the approval of its plan in Norway.

  • Prosafe clinches first gig for ‘Safe Notos’

    17 August 2015
    Business & Finance

    Prosafe, an owner and operator of semi-submersible accommodation vessels, has signed a contract with an undisclosed client for the provision of an accommodation vessel in the UK sector of the North Sea. Prosafe said that the contract firm period commitment is over eight months and will involve an initial short period using the Safe Zephyrus starting in […]

  • Prosafe, Cosco in another flotel delivery delay

    26 July 2018

    Prosafe and Cosco have agreed to extend a standstill agreement regarding the delivery of two accommodation units.

  • Prosafe: Tendering activity continues to pick up

    6 November 2018
    Business & Finance

    Prosafe has said that tendering activity continues to pick up in the North Sea market as well as internationally. 

  • Prosafe to sell flotel Safe Lancia for scrap

    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 […]

  • Prosafe buying two Axis Offshore rigs

    10 November 2016
    Exploration & Production

    Offshore accommodation specialist Prosafe is looking to buy two new flotels from Axis Offshore, executing its plans on strategic consolidation, fleet renewal and scrapping of older assets. The company has signed a letter of intent to acquire two harsh-environment semi-submersible accommodation rigs, the Axis Nova and the Axis Vega. The two rigs are currently in […]

  • Prosafe Secures Contract for Accommodation Rig in Mexico

    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 […]

  • Cyprus: Prosafe’s Flotel Utilisation at 83.3 pct

    27 April 2012

    Prosafe, the world’s leading owner and operator of semi-submersible accommodation rigs (flotels), announced that rig utilisation in the first quarter of 2012 was 83.3 per cent. Regalia, Safe Scandinavia, Safe Caledonia, Safe Concordia, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia, Safe Regency and Safe Bristolia have been fully utilised in the first quarter. The dayrate […]

  • Singapore: Prosafe Reports Q2 Operational Update

    12 August 2011
    Business & Finance

    Rig utilisation in the second quarter of 2011 was 84.7 per cent. Safe Scandinavia, MSV Regalia, Safe Caledonia, Safe Esbjerg, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia and Safe Regency have been fully utilised in the second quarter. Safe Bristolia commenced on the contract with Cotemar mid-May 2011. Prior to this the rig was at […]

  • Cyprus: Prosafe Strengthens Corporate Management Team

    20 December 2010
    Business & Finance

      Prosafe is implementing two organisational changes to strengthen the corporate management team. Sven Børre Larsen has been appointed as Chief Financial Officer, and will join the company on 1 January 2011. Sven Børre Larsen (born 1976) was most recently CFO of Prosafe Production Pte Ltd, and has prior to that been a financial analyst […]

  • Prosafe’s Rigs Get Contract Extensions in Mexico

    6 February 2013
    Business & Finance

    Cotemar Group has confirmed that Safe Britannia, Safe Lancia and Jasminia have had their current contracts extended until end-March 2013, mid-September 2013 and late-May 2013, respectively. The total value of these extensions is approximately USD 21 million. Prosafe is an owner and operator of semi-submersible accommodation/service rigs. Operating profit reached USD 192.3 million in 2011. […]

  • Prosafe Orders New Accommodation Rig in Singapore

    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 […]

  • Prosafe SE has become a Cyprus company

    20 September 2007

    Today Prosafe SE was registered in the Cyprus Register of Companies, and the transfer of Prosafe SE’s registered office from Norway to Cyprus is therefore effective from Friday 21 September 2007. (21 Sep 2007)

  • Cyprus: Prosafe Announces 3Q Rig Utilisation Report

    18 October 2011
    Business & Finance

    Prosafe today reported rig utilisation in the third quarter of 2011 of 91 per cent. Safe Scandinavia, MSV Regalia, Safe Caledonia, Safe Esbjerg, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia, Safe Regency, Safe Bristolia and Safe Concordia have been fully utilised in the third quarter. Safe Astoria was idle in the third quarter. The rig […]

  • Prosafe, Cosco in another flotel standstill extension

    31 May 2018
    Exploration & Production

    Prosafe, Oslo-listed provider of offshore accommodation rigs, has entered into another standstill agreement for flotels built by Cosco in China.

  • Third Prosafe unit wins assignment in Brazil

    8 December 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Prosafe has been awarded a contract for the provision of the Safe Zephyrus vessel for safety and maintenance support off Brazil.

  • Prosafe takes delivery of Safe Eurus flotel

    4 July 2019
    Exploration & Production

    Offshore accommodation rigs operator Prosafe has taken delivery of its newbuild unit Safe Eurus from a shipyard in China.

  • Prosafe: 3Q Fleet Utilisation at 91 Pct

    24 October 2013

    Prosafe, a Cyprus-based owner of offshore accommodation rigs, has announced that its fleet utilisation in the third quarter of 2013 was 91 per cent, with ten vessels; Safe Scandinavia, Regalia, Safe Caledonia, Safe Bristolia, Safe Concordia, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia and Safe Regency in full operation during the quarter. Safe Concordia was […]

  • Prosafe Completes $116 Million Bond Issue

    10 October 2013

    Prosafe, a Cyprus-based owner of offshore accommodation rigs, has announced that it has successfully completed an NOK 700 million (around $116 million) unsecured bond issue maturing in October 2018. The bond carries an interest of 3-month NIBOR plus 2.95 per cent. Settlement date is expected to be 22 October 2013. An application will be made for […]

  • Board Director Buys 7.000 Shares in Prosafe

    27 December 2013
    Business & Finance

    Roger Cornish, Director of the Board of Prosafe SE, on 23 December purchased 7,000 shares in Prosafe SE at NOK 45.542774 per share. After this,  Cornish owns 7,000 shares in Prosafe SE. Cornish, born in 1948, has worked 12 years as CEO of Interconnector UK, was president and general manager of BP Exploration in Indonesia, held the […]

  • Prosafe Places Orders for Two Accommodation Rigs

    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 […]