5424 results found for 'prosafe'

5424 results found for 'prosafe'
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  • Exclusive interview with Noble: Tight rig demand on 2026 horizon – Golden Triangle and US Gulf as core growth regions

    2 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    With contracting opportunities still on the uptick in spite of potential softer energy prices, Noble Corporation, a U.S.-headquartered offshore drilling giant, has pinpointed the Golden Triangle, the U.S. Gulf, South America, and West Africa as the key regions that will drive its floater demand growth. As Suriname and Colombia remain in the lead for frontier activity areas, the Asia Pacific opportunities in Brunei and Australia are anticipated to add diversification.

  • TGS embarks on large-scale long-offset multi-client OBN gig in US Gulf

    15 January 2026
    Business Developments & Projects, Project & Tenders

    Norway’s energy data and intelligence company TGS has kicked off a new multi-client long-offset ocean bottom node (OBN) acquisition campaign in the Gulf of America (the U.S. Gulf of Mexico).

  • Chevron achieves first oil offshore Angola two years after platform construction start-up

    5 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Cabinda Gulf Oil Company (CABGOC), a subsidiary of the U.S.-headquartered energy giant Chevron, has put into production mode a new oil platform off the coast of Angola just over two years after construction on the platform began.

  • Prosafe: Strategic evaluation

    24 September 2007

    The Board of Directors has decided to commence a process of evaluating the possible effects of a split of Prosafe into two focused, listed companies. (24 Sep 2007). The evaluation will primarily address whether a split into a floating production company and an accommodation/ service rig company would further enhance and visualize the values of […]

  • Prosafe swings to quarterly loss

    9 May 2019
    Business & Finance, Exploration & Production

    Offshore accommodation rigs operator Prosafe booked a loss in the first quarter of the year as its revenues declined due to lower dayrates.

  • Prosafe’s Chairman of the Board quits

    29 September 2015
    Business & Finance

    Prosafe SE has announced that its Chairman of the Board, Ronny Johan Langeland, has decided to resign, with effect from September 28, 2015. Prosafe, an owner and operator of semi-submersible accommodation vessels, said in its announcement on Tuesday that Langeland had resigned solely due to health reasons. The company headquartered in Cyprus said its Board would […]

  • Prosafe returns to quarterly profit

    6 February 2018
    Business & Finance

    Prosafe, an operator of offshore accommodating units known as flotels, returned to quarterly profit but sank to a loss on an annual basis. 

  • CFO quits Prosafe for TGS

    27 May 2015
    Business & Finance

    TGS has appointed Sven Børre Larsen as the company’s new Chief Financial Officer (CFO) to replace Kristian Johansen, who has been promoted to COO of the company in December 2014.  Larsen has decided to resign from his position as CFO of Prosafe Management AS to take on the same role in TGS in Asker, Norway. […]

  • Prosafe picks new CFO

    3 July 2015
    Business & Finance

    Prosafe has appointed Stig H. Christiansen as new Chief Financial Officer for Prosafe Management AS, with the effective date of his employment yet to be determined. The company notes that Christiansen brings with him more than 20 years of experience from management and finance positions in the oil and gas industry. Since 2009 he has been Chief […]

  • Prosafe raises $69 million

    4 December 2015
    Exploration & Production

    Prosafe, the world’s largest provider of offshore accommodation rigs, has raised NOK 590 million in gross proceeds through a private placement of shares.

  • HitecVision buys Prosafe stake

    20 November 2015

    HitecVision, a private equity investor specialized in buyouts and growth-stage investments in the oil and gas industry, has bought shares in Prosafe, a provider of semi-submersible accommodation vessels.  North Sea Strategic Investments AS, a company managed by HitecVision, has on November 19, 2015 sold 80,000 shares in Prosafe SE and entered into a forward contract of 300.000 […]

  • Statoil: Flotel contract with Prosafe

    13 January 2006

    A memorandum of understanding has been signed by Statoil with Prosafe to charter the Safe Scandinavia flotel, initially for use on the Snorre field in the North Sea.

  • Prosafe expands flotel fleet

    5 February 2016
    Exploration & Production

    Prosafe, the world’s largest provider of offshore accommodation rigs, has taken delivery of the new flotel. The flotel named Safe Notos, has been delivered to the company by the China-based Cosco shipyard. The Safe Notos, able to accommodate 500 workers, will be deployed on an eight-month firm contract with an undisclosed client in the UK […]

  • Prosafe in further flotel talks with Cosco

    14 June 2018
    Exploration & Production

    Prosafe, the Oslo-listed provider of offshore flotels has further extended its standstill agreement for delivery of Safe Nova and Safe Vega accommodation rigs built by Cosco in China.

  • Lenders support Prosafe’s refinancing plan

    5 September 2016
    Business & Finance

    Prosafe, an operator of semi-submersible accommodation vessels, has gained support from its lenders for the proposed refinancing plan announced in July this year.  Prosafe said on Monday that all lenders of the company’s $1.3 billion and $288 million bank facilities have now confirmed their approval in favor of the refinancing. With this, the company noted, […]

  • Prosafe eyes another contract in Brazil

    17 October 2022
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Prosafe has submitted the most competitive offer in a bidding process for a 650-day firm period contract by Petrobras in Brazil.

  • Prosafe Wins Accommodation Deal with TechnipFMC

    29 November 2017
    Operations & Maintenance, Project & Tenders

    Semi-submersible accommodation vessels operator Prosafe has won a contract to support TechnipFMC in Bahr Essalam Phase II development in the Central Mediterranean Sea. The Oslo-listed company is acting as commercial manager for the Axis Offshore-owned ‘Safe Swift’ monohull accommodation vessel which will be used for the project. TechnipFMC-managed Bahr Essalam natural gas field development will be tied back to […]

  • Prosafe chairman quits for ‘workload reasons’

    26 May 2016
    Business & Finance

    Prosafe, a provider of flotels for the offshore oil and gas industry, has named Glen O. Rødland interim chairman of the board of directors. The company on Thursday explained that the move follows the decision made by its now former chairman Harald Espedal to step down from the position. He also stepped down from a […]

  • Prosafe clinches $443M Statoil contract

    2 July 2014
    Business & Finance

    Prosafe has now signed a contract with Statoil for the provision of the Safe Scandinavia semi-submersible accommodation vessel temporarily converted for tender support vessel (TSV) operations at the Oseberg Øst installation on the Norwegian continental shelf. The three-year firm period on site operations start is subject to existing contractual obligations with Statoil at the Snorre installation, […]

  • Prosafe secures FPSO conversion candidate

    28 January 2008

    Prosafe has entered into an agreement to purchase the M/T Takama. The vessel, a VLCC, has a dead weight of 266,286 DWT and was delivered in 1987 by MHI Nagasaki, Japan.

  • Prosafe on the lookout for deputy CEO & CFO

    31 March 2022
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Prosafe is in the process of looking for a new DCEO and CFO, as the current one will be stepping down from the role in four months.

  • Prosafe loss widens on impairment charges

    5 November 2019
    Exploration & Production

    Offshore accommodation specialist Prosafe posted a net loss of $360 million in the third quarter of 2019, compared to a loss of $118 million a year ago.

  • Prosafe to sell another one for scrap

    21 April 2017
    Exploration & Production

    Prosafe, an owner and operator of semi-submersible accommodation rigs known as flotels, has decided to sell another one of its units for scrap.  In a Friday operational update for the first quarter of 2017, Prosafe said it has taken the decision to sell the Safe Regency unit for scrap. The flotel, which is currently laid up […]

  • Prosafe to Order Accommodation Rig in Singapore

    4 October 2012
    Business & Finance

    Prosafe has today entered into a Letter of Intent for the construction of a semi-submersible accommodation rig at Jurong Shipyard Pte Ltd (“JSPL”) in Singapore. The rig, which is of similar design as Safe Boreas presently in construction at JSPL, will be built to comply with  Norwegian regulations. The rig will be ready for operations […]

  • Prosafe Net Profit at $54.9 Mln

    22 August 2013
    Business & Finance

    Prosafe, the world’s leading owner and operator of semi-submersible accommodation vessels, today announced its second quarter results. Operating profit for the second quarter came to USD 83.2 million and net profit amounted to USD 54.9 million (up from 35.9 in the same period last year). The utilisation of the fleet was 84 per cent in […]