5424 results found for 'prosafe'

5424 results found for 'prosafe'
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  • Cyprus: Prosafe Announces 3Q Rig Utilisation Report

    18 October 2011
    Business & Finance

    Prosafe today reported rig utilisation in the third quarter of 2011 of 91 per cent. Safe Scandinavia, MSV Regalia, Safe Caledonia, Safe Esbjerg, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia, Safe Regency, Safe Bristolia and Safe Concordia have been fully utilised in the third quarter. Safe Astoria was idle in the third quarter. The rig […]

  • Prosafe, Cosco in another flotel standstill extension

    31 May 2018
    Exploration & Production

    Prosafe, Oslo-listed provider of offshore accommodation rigs, has entered into another standstill agreement for flotels built by Cosco in China.

  • Prosafe, Cosco in another flotel delivery delay

    26 July 2018

    Prosafe and Cosco have agreed to extend a standstill agreement regarding the delivery of two accommodation units.

  • Prosafe: Tendering activity continues to pick up

    6 November 2018
    Business & Finance

    Prosafe has said that tendering activity continues to pick up in the North Sea market as well as internationally. 

  • Prosafe to sell flotel Safe Lancia for scrap

    19 January 2017
    Exploration & Production

    Prosafe, an owner and operator of semi-sub accommodation rigs, has decided to sell one of its units for scrap after buying two new ones from Axis Offshore.  Following the completion of the acquisition of Safe Nova and Safe Vega through a deal made with Axis in November 2016, Prosafe has now taken a final decision […]

  • Prosafe Orders New Accommodation Rig in Singapore

    19 November 2012
    Business & Finance

    Prosafe has ordered a second harsh environment semi-submersible accommodation rig from Singapores’s Jurong Shipyard Pte Ltd. The rig will be built according to the GVA 3000E design and equipped with a DP3 (dynamic positioning) system as well as 12-point mooring arrangement. The unit, which is of similar design as Safe Boreas presently in construction at […]

  • Wärtsilä in long term maintenance deal with Prosafe

    14 January 2016
    Exploration & Production

    Finland’s solutions provider for offshore oil and gas industry Wärtsilä, has signed a long-term maintenance agreement with Prosafe, the world’s largest owner of semi-submersible accommodation vessels also known as flotels. The 10-year agreement covers the diesel engines onboard Prosafe’s new build flotel Safe Boreas. Maintenance agreements for Prosafe’s three other new build flotels – Safe Notos, […]

  • Prosafe’s Rigs Get Contract Extensions in Mexico

    6 February 2013
    Business & Finance

    Cotemar Group has confirmed that Safe Britannia, Safe Lancia and Jasminia have had their current contracts extended until end-March 2013, mid-September 2013 and late-May 2013, respectively. The total value of these extensions is approximately USD 21 million. Prosafe is an owner and operator of semi-submersible accommodation/service rigs. Operating profit reached USD 192.3 million in 2011. […]

  • Prosafe SE has become a Cyprus company

    20 September 2007

    Today Prosafe SE was registered in the Cyprus Register of Companies, and the transfer of Prosafe SE’s registered office from Norway to Cyprus is therefore effective from Friday 21 September 2007. (21 Sep 2007)

  • Prosafe gains support for restructuring plan in Norway

    9 November 2021
    Business & Finance, Business Developments & Projects, Vessels

    Prosafe has achieved what it says is an important milestone in its financial restructuring following the approval of its plan in Norway.

  • Prosafe clinches first gig for ‘Safe Notos’

    17 August 2015
    Business & Finance

    Prosafe, an owner and operator of semi-submersible accommodation vessels, has signed a contract with an undisclosed client for the provision of an accommodation vessel in the UK sector of the North Sea. Prosafe said that the contract firm period commitment is over eight months and will involve an initial short period using the Safe Zephyrus starting in […]

  • New Gulf of Mexico gig for Prosafe unit

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

    Offshore accommodation rig provider Prosafe has secured work for one of its units with an undisclosed player in the U.S. Gulf of Mexico.

  • Prosafe Secures Contract for Accommodation Rig in Mexico

    13 December 2011
    Business & Finance

    Prosafe, a Cyprus-based owner and operator of semi-submersible accommodation/service rigs has been awarded a contract by Cotemar Group (“charterer”) for a contract extension for Safe Hibernia to be used at Pemex’ Cantarell, an aging supergiant oil field in Mexico. The Safe Hibernia bareboat contract is extended by 744 days, through to end-December 2013. The value of […]

  • Singapore: Prosafe Reports Q2 Operational Update

    12 August 2011
    Business & Finance

    Rig utilisation in the second quarter of 2011 was 84.7 per cent. Safe Scandinavia, MSV Regalia, Safe Caledonia, Safe Esbjerg, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia and Safe Regency have been fully utilised in the second quarter. Safe Bristolia commenced on the contract with Cotemar mid-May 2011. Prior to this the rig was at […]

  • Cyprus: Prosafe’s Flotel Utilisation at 83.3 pct

    27 April 2012

    Prosafe, the world’s leading owner and operator of semi-submersible accommodation rigs (flotels), announced that rig utilisation in the first quarter of 2012 was 83.3 per cent. Regalia, Safe Scandinavia, Safe Caledonia, Safe Concordia, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia, Safe Regency and Safe Bristolia have been fully utilised in the first quarter. The dayrate […]

  • Cyprus: Prosafe Strengthens Corporate Management Team

    20 December 2010
    Business & Finance

      Prosafe is implementing two organisational changes to strengthen the corporate management team. Sven Børre Larsen has been appointed as Chief Financial Officer, and will join the company on 1 January 2011. Sven Børre Larsen (born 1976) was most recently CFO of Prosafe Production Pte Ltd, and has prior to that been a financial analyst […]

  • Prosafe buying two Axis Offshore rigs

    10 November 2016
    Exploration & Production

    Offshore accommodation specialist Prosafe is looking to buy two new flotels from Axis Offshore, executing its plans on strategic consolidation, fleet renewal and scrapping of older assets. The company has signed a letter of intent to acquire two harsh-environment semi-submersible accommodation rigs, the Axis Nova and the Axis Vega. The two rigs are currently in […]

  • Prosafe, ConocoPhillips Extend ‘Safe Scandinavia’ Deal

    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 […]

  • Prosafe, Cosco extend flotel delivery talks

    29 June 2018
    Exploration & Production

    Oslo-listed flotel provider Prosafe and China’s shipbuilder Cosco have further extended their standstill agreement related to delivery of two accommodation units while the third unit must be delivered before the end of next year.

  • Prosafe expects Westcon dispute ruling in March

    23 January 2018
    Exploration & Production

    Prosafe expects to see an end of its dispute with Westcon in March.

  • Prosafe’s flotel Safe Bristolia under control

    5 January 2016
    Exploration & Production

    Prosafe will try to reinstate the tow for its flotel Safe Bristolia today after the towline snapped on Sunday leaving the flotel adrift in the UK North Sea.  The vessel was on its way from England to Poland when it broke loose due to the heavy weather. The flotel currently has 33 people on board. According […]

  • Prosafe Awarded Contract Extension for Safe Caledonia

    1 April 2005

    Prosafe has been awarded a 30-day contract extension effective July 6, 2005 from SNEPCO (Shell Nigeria Exploration & Production Company) for the use of Safe Caledonia for DP hook-up/construction support to the FPSO Bonga in Nigeria.

  • Norway: Yard Stay for Prosafe’s Accommodation Rig

    23 September 2011
    Business & Finance

    Bergen Group Hanøytangen is awarded contract for a yard stay for the accommodation rig Safe Scandinavia in October this year. The length of the dock stay is one about one week, and the contract value for Bergen Group Hanøytangen is estimated to NOK 8-10 million. Safe Scandinavia, which is operated by Prosafe Offshore Limited (Prosafe), […]

  • Prosafe sinks to loss over impairment charges

    2 November 2017
    Business & Finance, Exploration & Production

    Prosafe sank to a loss during the third quarter 2017 due to impairments. 

  • Prosafe bags Mariner extension for ‘Safe Boreas’

    16 August 2019
    Business & Finance, Exploration & Production

    Equinor has exercised the fourth of six one-month options to extend Prosafe’s Safe Boreas flotel at the Mariner project in the UK sector of the North Sea.