5372 results found for 'prosafe'

5372 results found for 'prosafe'
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  • Third unit in Prosafe’s fleet starts work off Brazil

    3 May 2023
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Prosafe has met its previously announced timeline for the start of operations of its third semi-submersible vessel offshore Brazil.

  • Second Contract Extension for Safe Astoria (Australia)

    8 November 2012
    Business & Finance

    Woodside Energy Ltd has exercised the second of two 30-day options, thereby extending Safe Astoria’s operations at the North Rankin Redevelopment Project until 30th December 2012. The value of the exercised option is approximately USD 5.7 million. Prosafe is an owner and operator of semi-submersible accommodation/service rigs. Operating profit reached USD 192.3 million in 2011. […]

  • Mystery client eyes Prosafe vessel for project offshore Australia

    31 May 2024
    Business & Finance, Business Developments & Projects, Vessels

    Norway’s Prosafe has received a conditional letter of intent (CLoI) for one of its vessels to support a project off Western Australia.

  • Prosafe finds North Sea work for ‘Safe Caledonia’ flotel

    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.

  • Prosafe sees red ink as revenues slip on lower utilization

    24 August 2017
    Exploration & Production

    Prosafe, an Oslo-listed owner of accommodation rigs also known as flotels, sank to a loss during the second quarter of 2017 as its revenues nearly halved due to lower utilization and chopped dayrates.  In its report on Wednesday, Prosafe posted a net loss for the second quarter 2017 of $33 million compared to a profit […]

  • ‘Major’ oil firm hires ‘Safe Caledonia’ flotel

    19 September 2018
    Exploration & Production

    Flotel operator Prosafe has won a contract for its Safe Caledonia accommodation rig to support ‘a major oil and gas operator’ in the UK part of the North Sea.

  • Prosafe: With new vessel tenders on the horizon, tightening of supply on the cards

    25 December 2023
    Business & Finance, Business Developments & Projects, Market Outlooks, Vessels

    Oslo Stock Exchange-listed Prosafe is in high hopes over the upcoming tendering activity for 2025 and beyond, as the market tightens.

  • Total awards more time in North Sea to Prosafe flotel

    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 […]

  • Prosafe to claim full contract value after EnQuest cancels rig mobilization

    23 March 2020
    Business & Finance, Exploration & Production

    Following EnQuest’s cancellation of mobilization of the Prosafe-owned Safe Zephyrus accommodation rig in the North Sea, Prosafe has said it will claim the full value of the contract. 

  • BP Extends Safe Scandinavia’s Operations at Valhall (Norway)

    3 September 2012
    Business & Finance

    BP Norge AS has exercised the first of two remaining one-month options, thereby extending Safe Scandinavia’s operations at Valhall until 30th November 2012. The value of the exercised option is approximately USD 9 million. Prosafe is the world’s leading owner and operator of semi-submersible accommodation/service rigs. Operating profit reached USD 192.3 million in 2011. The […]

  • As winner of Petrobras’ tender, Prosafe anticipates contract award by year-end

    28 November 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Prosafe has been selected as the winning bidder for a 650-day firm period contract for Petrobras’ tender in Brazil.

  • BP charters Prosafe unit for UK North Sea job

    20 September 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Oil major BP has chartered the Prosafe-owned Safe Zephyrus to support the Seagull project at the ETAP facility in the UK North Sea.

  • Petrobras swaps Prosafe’s flotels. ‘Safe Notos’ starts early

    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 […]

  • Prosafe Secures Contract for Safe Caledonia in UK North Sea

    14 September 2011
    Business & Finance

    Prosafe has been awarded a contract by Nexen Petroleum U.K. Limited (“Nexen”) for a 240-day firm period using the Safe Caledonia for accommodation support at the Golden Eagle facility in the UK sector of the North Sea. Subject to the Golden Eagle development receiving regulatory approval, on site operations are planned to commence between May […]

  • Cyprus: Prosafe Announces Rig Utilisation Update for Q4 2010

    17 January 2011
    Business & Finance, Project & Tenders

    Rig utilisation in the fourth quarter of 2010 was 61 per cent. MSV Regalia(image) operated for BP at Valhall in Norway until 23 November. Safe Scandinavia operated for Statoil in Norway until the end of October. Before replacing MSV Regalia, Safe Scandinavia adjusted the gangway to correspond to the landing platform height at Valhall. Safe […]

  • Prosafe sees potential for new contracts. Net profit up

    14 May 2015
    Exploration & Production

    Prosafe, world’s largest provider of offshore accommodation rigs, has reported its net profit for the first quarter of 2015 of $27 million, up from $18 million in the first quarter of 2014. The company’s operating profit for the first quarter amounted to $55.4 million versus $22.9 million in the same quarter of 2014. The increase […]

  • Safe Caledonia flotel to stay with BP until end of November

    6 August 2018
    Business & Finance, Exploration & Production

    British oil major BP has exercised the one-month option to extend the charter of Prosafe’s Safe Caledonia.

  • Prosafe taking part in four tenders to win more work for its vessels

    30 December 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    Offshore accommodation provider Prosafe is partaking in four ongoing tenders to secure more assignments for its fleet of vessels.

  • Mexico: Prosafe Bags Bareboat Contract for Safe Lancia Accommodation Rig Worth USD 57 million

    9 August 2010
    Business & Finance, Equipment

    Interpetroleum Services has awarded Prosafe a bareboat contract for Safe Lancia operating for Pemex offshore Mexico. The contract commences on 19 August and ends on 31 December 2012. Total value of the contract linked to the award is about USD 57 million. Prosafe is the world’s leading owner and operator of semi-submersible accommodation/service rigs. Operating […]

  • BP prolongs Prosafe unit’s stay in UK North Sea

    23 September 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

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

  • Det Norske Hires Prosafe’s Accommodation Rig for Ivar Aasen

    4 April 2013

    Norwegian oil company Det norske oljeselskap ASA  has hired Prosafe’s  Safe Scandinavia accommodation rig on a six months contract scheduled to start in June 2016. The Safe Scandinavia will be deployed at the Ivar Aasen Development Project in the Norwegian sector of the North Sea as a support during the commissioning of the platform. Upon expiration […]

  • ConocoPhillips Secures Accomodation Rig for Eldfisk (Norway)

    25 March 2011
    Business & Finance

    ConocoPhillips Skandinavia AS has awarded Prosafe a two-month contract for use of the Safe Scandinavia for accommodation support at the Eldfisk Platform in the Norwegian sector of the North Sea. On site operations are planned to commence in May 2012. Furthermore, reference is made to press release dated 12 January 2011 where Prosafe announced the […]

  • An oil major wants to hire Safe Scandinavia

    17 March 2014
    Business & Finance

    Prosafe has been awarded a Letter of Intent (LoI) by an undisclosed oil major for the provision of the Safe Scandinavia semi-submersible accommodation vessel temporarily converted for tender support operations at a location on the Norwegian continental shelf. On site operations are planned to start June 2015, with a firm period of three years. In […]

  • Norway: Safe Scandinavia Stays at Valhall Until April 1

    21 February 2012
    Business & Finance

    On October 26, 2011 BP Norge AS exercised an amended 45-day option for the continued use of the Safe Scandinavia at the Valhall offshore facility in the Norwegian sector of the North Sea. The value of the exercised option was around USD 10.9 million.  In addition, Prosafe granted two additional 2 week options commencing March […]

  • Prosafe Secures Contract Extension and Option Award for ‘Safe Regency’ in Mexico

    7 August 2013
    Business & Finance

    Cotemar group has confirmed that Safe Regency has been awarded a contract extension and option through to 31 March 2014 with unchanged day rates.  The 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 four 2.4 MW azimuthing […]