5405 results found for 'prosafe'

5405 results found for 'prosafe'
Order results by

A list of search results

  • Prosafe lands another four-year deal in Brazil

    25 May 2022
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Prosafe has been awarded a contract by Petrobras for the provision of the Safe Eurus semi-submersible vessel for support offshore Brazil.

  • Prosafe finds new job for Safe Concordia unit

    5 January 2021
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Offshore accommodation rigs provider Prosafe has won a contract for one of its units for operations offshore Trinidad and Tobago.

  • Floatel, Prosafe waiting on competition authorities to wrap merger

    26 August 2019

    Closure date for the merger between offshore accommodation rig owners Floatel and Prosafe is not yet certain, as the flotel contractors are waiting for the competition authorities to give approval.

  • Prosafe Secures Contract Extensions for Its Rigs in Mexico

    3 April 2013

    Prosafe, a Cyprus-based owner of accomodation rigs today announced that Mexico’s Cotemar Group has awarded Safe Britannia rig a 640-day contract until the end of 2014 and that the Jasminia contract has been extended to the end of October 2013. The total value of the contract and extension is approximately USD 58.5 million. The rigs […]

  • Prosafe defers last delivery instalment for ‘Safe Zephyrus’

    18 January 2016
    Exploration & Production

    Prosafe, an owner and operator of offshore accommodation rigs, has postponed its last portion of the payment due to Jurong Shipyard for the newbuild flotel Safe Zephyrus for June 2017.  Namely, the final delivery instalment of the Safe Zephyrus will be reduced by $30 million and, according to Prosafe, the agreement to defer the last instalment […]

  • Prosafe mulls over delivery delay for ‘Safe Zephyrus’

    26 November 2015
    Exploration & Production, Project & Tenders

    Prosafe, the operator of semi-submersible accommodation rigs, is considering a delay in delivery of its newbuild accommodation rig being built by Jurong Shipyard. Prosafe said on Thursday it has agreed with Singapore’s Jurong Shipyard to a flexible delivery of the Safe Zephyrus accommodation rig. According to Prosafe, the decision has been made in order to align […]

  • Prosafe’s flotel Safe Boreas starts Talisman gig

    18 March 2016
    Business & Finance

    Prosafe, an owner and operator of semi-sub accommodation rigs, has agreed with Talisman Sinopec Energy UK to provide one of its units for operations in the UK North Sea.  Prosafe is providing its 2015-built Safe Boreas, for the entire firm period of over eight months plus options. According to the company, the Safe Boreas started […]

  • Prosafe posts fall in profit. Provides optimistic outlook

    21 August 2015
    Exploration & Production

    Prosafe, the Oslo-listed provider of offshore accommodation units, posted a drop in both its second quarter revenue and profit. The company’s revenue fell to $92.5 million, from $133 million a year ago, and profit dropped to $12.2 million from $42 million in the second quarter of 2014. Fleet utilisation in the second quarter was 58 […]

  • Prosafe Reveals Operational Update for Q4 2013 (Norway)

    24 January 2014
    Business & Finance

    Prosafe, owner and operator of semi-submersible accommodation vessels, has released an operation update for the fourth quarter of 2013. Utilisation in the fourth quarter of 2013 was 82 per cent. Safe Caledonia, Safe Concordia, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia and Safe Regency were in full operation throughout the quarter. Safe Concordia was on […]

  • Prosafe Says Contract Extended for FPSO Petroleo Nautipa

    4 April 2005

    Tinworth Limited, a company owned and controlled 50% by Prosafe ASA and 50% by Ganger Rolf ASA / Bonheur ASA, has entered into an agreement with Vaalco Gabon (Etame) Inc., extending the contract for the employment of FPSO Petr

  • Repsol Sinopec extends ‘Safe Boreas’ gig

    9 November 2016
    Business & Finance, Exploration & Production

    Repsol Sinopec Resources UK Limited, formerly Talisman Sinopec Energy UK Limited, has exercised options to extend the charter for Prosafe’s accommodation rig Safe Boreas by a total of 44 days. In mid-March 2016, the Safe Boreas started a 245-day firm operational period at Montrose A in the UK sector of the North Sea. Prosafe said […]

  • The Board Does Not Recommend the Offer From BW Offshore Limited

    16 August 2010
    Business & Finance

    This statement is made by the Board of Directors (the “Board”) of Prosafe Production Public Limited (“Prosafe Production” or the “Company”) pursuant to sections 6-16 and 6-19 of the Norwegian Securities Trading Act in connection with the voluntary offer by BW Offshore Limited (“BW Offshore”, “BWO” or the “Offeror”) to acquire all outstanding shares in […]

  • Keppel secures S$130 million FPSO contracts with Prosafe

    7 March 2006

    Keppel Shipyard Ltd has been awarded two contracts valued at approximately S$130 million for the conversion of two new Floating Production Storage and Offloading (FPSO) facilities for Prosafe Production (Prosafe).

  • Prosafe contract hangs in the balance as Shell delays Shearwater work

    14 May 2020
    Business & Finance, Business Developments & Projects

    The future of Prosafe’s contract for the Safe Zephyrus flotel with Shell is uncertain following Shell’s decision not to perform its previously planned work at the Shearwater field this year.

  • Prosafe to lay up another flotel as Petrobras contract ends

    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. […]

  • Flotel giant Prosafe posts loss for the fourth quarter 2015

    4 February 2016
    Exploration & Production

    Prosafe, the world’s largest provider of offshore accommodation units for the oil and gas industry, has posted a net loss of $6.8 million for the fourth quarter of 2015, down from $51 million profit for the fourth quarter of 2014. The company’s full year net profit was $85.6 million, down from a net profit $178.8 million […]

  • Safe Eurus flotel scores maiden contract in Brazil

    30 May 2019
    Business & Finance, Exploration & Production

    Brazilian oil firm Petrobras will hire Prosafe’s offshore accommodation unit the Safe Eurus.

  • Prosafe Secures Contract for Safe Caledonia Rig, Offshore UK

    8 July 2011
    Business & Finance

    Prosafe has been awarded a contract by BG International Limited for the provision of the Safe Caledonia accommodation rig for the North Everest project in the North Sea. This project will commence immediately after the completion of the BG Armada project with the rig thereafter being on hire to BG International Limited until 17th March […]

  • Prosafe misses final payment to Cosco amid talks with lenders

    14 January 2020
    Business & Finance

    Prosafe has missed its final payment to China’s Cosco shipyard for the Safe Notos flotel amid talks with lenders meant to secure financial flexibility for the longer term.

  • Prosafe eyes Brazil market for future employment of two delayed newbuilds

    19 May 2022
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Prosafe has agreed with China’s COSCO Shipping on another extension of the delivery of two of its newbuild units.

  • Prosafe vessel kicks off its Gulf of Mexico assignment

    10 August 2023
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Prosafe has revealed that one of its semi-submersible vessels started its new contract with an undisclosed company in the U.S. Gulf of Mexico.

  • Prosafe: ‘Safe Scandinavia’ conversion work hits stumbling block

    29 July 2015
    Exploration & Production

    Prosafe, the owner and operator of semi-submersible accommodation vessels, has informed that the conversion of the semi-submersible accommodation rig Safe Scandinavia into tender support vessel has experienced delays.  The rig is being converted at the Westcon yard in Ølensvåg, Norway. It arrived at Westcon in March 2015 and the initial plan was for the rig to be ready […]

  • Prosafe: More scrapping needed for offshore accommodation market recovery

    11 May 2017
    Business & Finance

    Further scrapping and industry restructuring, in addition to activity increase, will be needed for the offshore accommodation market to recover, Prosafe, a provider of offshore accommodation rigs, has said. In its quarterly report on Thursday, Prosafe said that the market remains generally soft and current accommodation activity is predominantly related to hook-up and commissioning work. […]

  • Prosafe rig to support subsea tank removal at Thistle platform

    16 March 2020
    Business & Finance, Exploration & Production

    Prosafe has been awarded a contract to provide accommodation in support of the redundant subsea tank removal and safe re-habitation of the Thistle Alpha platform in the UK North Sea.

  • Contract Extension for Safe Scandinavia

    21 October 2013
    Business & Finance

    Prosafe and ConocoPhillips Petroleum Company U.K. Limited have agreed an extension to the firm period for the provision of the Safe Scandinavia accommodation support vessel at the Jasmine Hook Up and Commissioning Project in the British sector of the North Sea. The duration of the firm extension period is 28 days commencing mid-October 2013. Total […]