5372 results found for 'prosafe'

5372 results found for 'prosafe'
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  • Prosafe’s Regalia to Work for Talisman Sinopec Energy in UKCS

    13 March 2013

    Prosafe has been awarded a contract from Talisman Sinopec Energy UK Limited for the provision of the Regalia accommodation vessel at the Montrose Platform in the UK Continental Shelf in the North Sea. The contract has been awarded following a competitive tendering process and is for a firm period of 450 days with on-site operations […]

  • Cyprus: Prosafe Receives LOI for Safe Scandinavia Rig

    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 […]

  • Jurong Shipyard to Build Second Accommodation Rig for Prosafe

    19 November 2012
    Business & Finance

    Sembcorp Marine’s subsidiary Jurong Shipyard (JSPL), and Prosafe have finalised a contract for JSPL to build the second unit of a new generation harsh-environment accommodation semi-submersible worth US$295.2 million. This follows the Letter of Intent announced by Sembcorp Marine and Prosafe earlier in October this year. Scheduled for delivery no later than end of December […]

  • Prosafe to Provide Accommodation Unit for Statoil’s Mariner Project (UK)

    11 June 2013
    Business & Finance

    Prosafe has been awarded a contract from Statoil (U.K.) Ltd  for the provision of either the Safe Zephyrus or Safe Boreas accommodation support vessel at the Mariner project in the UK Continental Shelf of the North Sea. The contract has been awarded following a competitive tendering process and is for a firm period of 8 months with on-site […]

  • Shell keeps Prosafe rig but defers Shearwater job for 2021

    3 September 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Prosafe and oil major Shell have agreed to defer and amend the contract for the Safe Zephyrus to provide accommodation services in support of the Shearwater platform turnaround in the UK North Sea.

  • Prosafe wins more time on Statoil’s Mariner project (UK)

    4 January 2016
    Business & Finance

    Prosafe, an operator of semi-submersible accommodation vessels, has gained an extension of the firm hire duration for one of its flotels from the Norwegian oil giant Statoil due to a change in the schedule of Statoil’s Mariner project.  To remind, in October 2015, Statoil delayed the start of production from the Mariner field, in the UK sector of […]

  • Prosafe strikes a deal with lenders over restructuring plan

    4 June 2021
    Business & Finance, Business Developments & Projects

    Following an agreement with lenders, Prosafe expects to reduce its debt significantly and improve the balance sheet and financial flexibility.

  • Prosafe and Floatel give up on merger plans amid financial uncertainty

    13 February 2020
    Business & Finance, Exploration & Production

    Prosafe and Floatel have decided to abandon their merger plans amid financial uncertainty and regulatory objections. 

  • Prosafe and Floatel agree extension of share purchase agreement amid competition concerns

    3 January 2020
    Business & Finance

    Prosafe and Floatel International have agreed an extension of a share purchase agreement related to a proposed merger of the two companies amid concerns raised by competition authorities.

  • Australia: Prosafe Wins Woodside Contract for Safe Astoria Rig

    24 October 2011

    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 the […]

  • Prosafe Sells Jack-Up Unit to Asian Client

    7 August 2012
    Business & Finance

    Prosafe Rigs Pte Ltd, a wholly owned subsidiary of Prosafe SE, has signed an agreement to sell the accommodation jack-up Safe Esbjerg to a customer in South East Asia. Total proceeds amount to USD 55 million and are divided into two tranches. USD 38.5 million is payable within 60 days after closing, which took place […]

  • Prosafe unit booked for UK North Sea work

    16 June 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    A UK client has chartered Prosafe’s Safe Boreas to provide gangway-connected operations to support a platform shutdown in the UK North Sea.

  • Prosafe unit staying longer in UK North Sea

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

    Offshore accommodation rig provider Prosafe has secured a contract extension for one of its units in the UK North Sea.

  • Prosafe cheers new North Sea job with TotalEnergies

    22 October 2021
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Prosafe has been awarded a contract from TotalEnergies to provide accommodation support in the UK sector of the North Sea.

  • Prosafe dives deeper into the red over impairment charges

    26 May 2020
    Business & Finance, Business Developments & Projects, Vessels

    Prosafe sank deeper into the red in the first quarter of 2020 due to impairment charges resulting from the oil price collapse and the coronavirus pandemic.

  • Prosafe Secures Contract Extensions for Three Rigs (Mexico)

    2 January 2013

    Prosafe, owner and operator of semi-submersible accommodation/service rigs has received contract extensions for three of its units in Mexico. The company has received confirmation from Cotemar Group that Safe Britannia, Safe Lancia and Jasminia have had their current contracts extended until mid to late February 2013. The financial details of the contract extensions were not […]

  • Prosafe Wins Contract Extensions for Three Accommodation Vessels

    2 October 2013
    Business & Finance

    Prosafe and Elf Exploration UK Ltd have agreed an extension to the firm period for the provision of the Safe Bristolia accommodation support vessel at the Elgin-Franklin Facility in the British sector of the North Sea. The duration or the firm extension period is 61 days commencing mid-October 2013. Total value of the firm extension […]

  • Prosafe Orders Two Semi-Submersible Accommodation Vessels

    7 November 2013
    Business & Finance

    Prosafe has agreed a Letter of Intent (LoI) 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 […]

  • Prosafe Secures New Contract for ‘Safe Regency’ in Mexico

    16 December 2013
    Business & Finance

    Cotemar group has awarded Safe Regency a bareboat contract from 27 January 2014 until 31 December 2017. The contract value is approximately USD 86 million. The semi-submersible accommodation vessel, Safe Regency, was built in 1982 at the FELS yard in Singapore to a Pacesetter design. She has an eight-point Thruster Assisted Mooring System (TAMS) utilising […]

  • Prosafe Secures Statoil Contract for Mariner Project in UK

    11 June 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    Prosafe has been awarded a contract from Statoil (U.K.) Ltd (“Statoil”) for the provision of either the Safe Zephyrus or Safe Boreas accommodation support vessel at the Mariner project in the UK Continental Shelf of the North Sea. The contract has been awarded following a competitive tendering process and is for a firm period of […]

  • Prosafe-Floatel merger raises competition concerns in UK

    5 September 2019

    The proposed merger between offshore accommodation firms Prosafe and Floatel has faced a setback in the UK

  • Prosafe in breach of regulations after ‘Safe Scandinavia’ probe

    16 November 2016
    Exploration & Production

    Norwegian safety body, the Petroleum Safety Authority (PSA), has slapped Prosafe with a notification of order regarding the company not rectifying non-conformities spotted during an audit of the Safe Scandinavia tender support vessel (TSV) in September 2015. The Safe Scandinavia is an accommodation rig which was converted to a TSV in 2015. This meant that the […]

  • Prosafe mulls delivery solution for Safe Eurus flotel

    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 […]

  • Prosafe’s Jasminia Rig Awarded New Contract in Mexico

    19 November 2013

    Prosafe has been awarded a contract extension for its Jasminia accommodation rig in Mexico.   Mexico’s Cotemar group has confirmed that Jasminia has been awarded a contract from end November this year until end December 2015. The contract value is approximately USD 32.7 million. The Jasminia was built in 1982 at the GVA yard in Sweden […]

  • Singapore: JSPL Nabs $ 295.2 Mln Semi-Submersible Contract

    19 November 2012

    Sembcorp Marine’s subsidiary Jurong Shipyard (JSPL), and Prosafe have finalised a contract for JSPL to build the second unit of a new generation harsh-environment accommodation semi-submersible worth US$295.2 million. This follows the Letter of Intent announced by Sembcorp Marine and Prosafe earlier in October this year. Scheduled for delivery no later than end of December […]