5424 results found for 'prosafe'

5424 results found for 'prosafe'
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  • Prosafe heading to Supreme Court over Westcon case

    13 May 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    Offshore accommodation rig provider Prosafe is heading to the Supreme Court to appeal a recent ruling by a Norwegian Court of Appeal.

  • Prosafe strikes back in Westcon court case

    28 May 2018
    Exploration & Production

    Prosafe has filed a counter-appeal against Westcon in the TSV Safe Scandinavia conversion court case. 

  • Prosafe Announces Sale of ‘Safe Esbjerg’ to Buyer in South East Asia

    7 August 2012
    Business & Finance

    Prosafe Rigs Pte Ltd, a wholly owned subsidiary of Prosafe SE (“Prosafe”), has today entered into an agreement to sell the accommodation jack-up Safe Esbjerg to a buyer 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, […]

  • Cyprus: Prosafe’s Chief Executive Officer Resigns

    27 May 2010

    Arne Austreid has resigned as president and CEO of Prosafe. “I have been with Prosafe for 12 years. It has been exciting to be a part of the successful development of Prosafe, and a privilege to lead Prosafe to what it is today. I will miss many skilled colleagues when I leave Prosafe. I have, […]

  • Supreme Court rejects Prosafe appeal in Westcon case

    27 August 2021
    Authorities & Government, Business & Finance, Business Developments & Projects

    An attempt by Prosafe to appeal a court’s decision in a case against Westcon, related to Safe Scandinavia’s conversion, has been rejected.

  • Prosafe sees early signs of improvement in flotel market

    23 August 2018
    Exploration & Production

    Things are looking up for the offshore accommodation rig industry if the world’s largest flotel rig owner is to be believed.

  • UK regulator to further probe Prosafe-Floatel merger after competition concerns raised

    17 September 2019
    Business & Finance

    The UK Competition and Markets Authority will refer the proposed merger between Prosafe and Floatel to Phase 2, after the first phase raised competition concerns.

  • Westcon appeals against court judgement in Prosafe dispute

    19 April 2018

    Norwegian Westcon Yards has filed an appeal against a court judgement in a dispute with Prosafe related to the conversion of the tender support vessel (TSV) Safe Scandinavia.

  • Safety body finds irregularities during ‘Safe Scandinavia’ audit

    5 June 2018

    The PSA has found non-conformities and improvement points during an audit of Prosafe’s semi-submersible vessel Safe Scandinavia.

  • Prosafe comes out as winner in dispute with Westcon

    8 March 2018

    Prosafe has won a court case against Westcon related to cost overruns for the conversion of the Safe Scandinavia unit. 

  • Prosafe wins two North Sea jobs

    24 December 2018
    Business & Finance, Exploration & Production

    Prosafe has been awarded two contracts for operations in the UK sector of the North Sea.

  • Another delay for Prosafe’s three new accommodation rigs

    18 May 2018
    Exploration & Production

    Prosafe has postponed the delivery of three newbuild rigs from a Chinese shipyard. 

  • Prosafe in talks with operators over possible contract changes

    9 April 2020
    Business Developments & Projects, Project & Tenders

    Prosafe, a provider of semi-submersible accommodation rigs, is in talks with operators related to potential contract changes for its units.

  • 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 […]

  • Prosafe taps Atlas Professionals for offshore workforce

    4 December 2019

    Offshore accommodation giant Prosafe has tapped Atlas Professionals for the provision of marine personnel outsourcing services.

  • Prosafe’s Regalia fails to meet PSA requirements

    7 July 2014

    The Petroleum Safety Authority Norway has issued a notification of order to Prosafe AS following an audit of at-risk groups on Regalia. Regalia is a Dynamically Positioned (NMD3) semi-submersible accommodation vessel with beds for 306 persons (282:NCS) capable of operating worldwide in harsh conditions. From 25 May to 28 May 2014, the Petroleum Safety Authority Norway […]

  • Prosafe expects strong demand for its floatels

    28 May 2014
    Business & Finance, Project & Tenders

    Prosafe, an owner and operator of semi-submersible accommodation rigs, has delivered its Q1 financial report for 2014. Net profit amounted to USD 18.3 million, compared to USD 0.7 million loss in the same period last year. Operating profit for the first quarter amounted to USD 22.9 million (USD 19 million). Utilisation of the fleet was […]

  • Prosafe: Contract value for ‘Safe Bristolia’ slashed

    22 May 2015
    Equipment

    Prosafe, a Cyprus-based owner of offshore accommodation rigs, has informed that the contract value for its accommodation rig Safe Bristolia has been reduced.  Safe Bristolia sustained damage to lifeboats after experiencing bad weather during work at the Everest field in UK in October 2014. Operations were suspended and the vessel was brought to the Hanøytangen […]

  • Prosafe: Flotel Safe Bristolia resumes tow

    11 January 2016
    Exploration & Production

    Prosafe, an owner and operator of semi-sub accommodation vessels, has re-established the main tow for its flotel Safe Bristolia in the North Sea.  The tow line was re-established on Friday, January 8, 2016, and the Safe Bristolia has reassumed the tow at midnight. The Safe Bristolia was being relocated from England to Poland when the towing […]

  • Prosafe mobilizes ‘Safe Scandinavia’ for Statoil gig

    14 March 2016
    Exploration & Production

    Proafe’s tender support vessel Safe Scandinavia has completed onshore acceptance testing and is now mobilizing to the Oseberg Øst installation in the North Sea to start drilling support operations for Statoil. The Safe Scandinavia was converted from a semi-submersible accommodation rig to a tender support vessel at the Westcon yard in Ølensvåg, Norway. The rig arrived at the yard for […]

  • Johan Sverdrup field work for Prosafe flotel

    26 April 2017
    Exploration & Production

    Statoil has awarded Prosafe a contract for the provision of the Safe Zephyrus semi-submersible accommodation vessel for a giant North Sea development – the Johan Sverdrup field. Under the contract, the Safe Zephyrus will support Phase 1 of the Johan Sverdrup hook-up and commissioning project in the Norwegian sector of the North Sea. The contract […]

  • Prosafe firms up Gulf of Mexico gig

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

    Following a letter of award in September 2022, Prosafe has firmed up a deal for the provision of one of its units in the U.S. Gulf of Mexico.

  • Prosafe Inks ‘Safe Scandinavia’ Contract with Statoil

    2 July 2014
    Business & Finance, Project & Tenders

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

  • Prosafe’s 4Q Fleet Utilisation at 82 Pct

    24 January 2014
    Business & Finance

    Prosafe, a Cyprus-based owner of offshore accommodation rigs, has announced that its fleet utilisation in the fourth quarter of 2013 was 82 per cent, with seven vessels; Safe Caledonia, Safe Concordia, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia and Safe Regency in full operation during the quarter. Safe Concordia was on contract in Brazil and the […]

  • Prosafe Secures Contract Extensions for Three Flotels

    2 October 2013

    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 starting mid-October 2013. Total value of the firm extension period is approximately USD […]