5390 results found for 'prosafe'

5390 results found for 'prosafe'
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  • Prosafe’s 3Q profit goes down

    5 November 2015

    Prosafe, the owner and operator of semi-submersible accommodation vessels, has posted a drop in profit for the third quarter of 2015 when compared to the corresponding period last year.  Namely, the company’s net profit equalled $53.2 million in the 3Q 2015, versus $67.4 million in 3Q 2014. However, Prosafe has seen a rise in its quarterly […]

  • 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 unit hired for accommodation at Buzzard

    1 March 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    Prosafe has signed a contract with CNOOC Petroleum for the charter of the Safe Boreas to provide gangway connected operations for the Buzzard platform.

  • New CFO taking the reins at Prosafe

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

    Prosafe has now brought its search for a new CFO to an end and hired a new one, who will take over the role in a couple of months.

  • Norway rejects Prosafe-Floatel merger

    28 October 2019
    Exploration & Production

    The Norwegian competition authorities have rejected the proposed merger between offshore accommodation companies Prosafe and Flotel.

  • New contracts for Prosafe’s accommodation rigs

    14 April 2014
    Business & Finance

    Prosafe and BG Group have agreed a change to the Safe Bristolia accommodation support vessel work programme in 2014 to allow inclusion of a contract award from ConocoPhillips Petroleum Company U.K. Limited for the provision of the vessel at the Judy platform in the U.K. sector of the North Sea. Operations at Judy are planned […]

  • 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 lands Mediterranean deal with TechnipFMC

    29 November 2017
    Business & Finance

    Prosafe has won a contract to support the TechnipFMC-managed Bahr Essalam, Phase II project development in the Central Mediterranean Sea.

  • Petrobras extends Prosafe gig in Brazil

    9 November 2020
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Prosafe has signed a contract extension with Petrobras for the provision of the Safe Notos semi-submersible vessel for support offshore Brazil.

  • 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 […]

  • 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 Firms Up Orders at COSCO

    22 November 2013
    Business & Finance

    Prosafe has completed firm turnkey contracts for the engineering, procurement and construction of two semi-submersible accommodation vessels, plus four units optional, with COSCO (Qidong) Offshore Co., The vessels will be the most advanced and flexible units for worldwide operations excluding Norway, and will be ready for operations in 2016. The units will be of Gusto MSC’s […]

  • Prosafe contracts Aibel for Brazilian FPSO

    18 January 2008

    Aibel Thailand was awarded a contract worth about US$10 million for the procurement and construction of five topside modules for Prosafe Production Services Pte Ltd. for Petrobras’ first gas floating production, storage and offloading vessel (FPSO) Cidade de São Mateus.

  • Prosafe confirms the first FDPSO contract

    8 November 2007

    Prosafe has been awarded a contract by Murphy West Africa Ltd (‘Murphy’), a subsidiary of Murphy Oil Corporation, for the conversion and operation of a Floating Drilling, Production, Storage and Offloading unit (‘FDPSO’) on the deepwater Azurite development in the Mer Profonde Sud Block offshore the Republic of the Congo. This is the first time […]

  • Eco Wave Power nears completion of first US wave energy unit at Port of LA

    13 June 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development

    Wave energy developer Eco Wave Power is finalizing the manufacturing phase of its first U.S. pilot wave energy project, set to be installed at the Port of Los Angeles in July 2025. Eco Wave Power said that during a site visit to its U.S. manufacturing partner, California-based All-Ways Metal, CEO Inna Braverman and VP of […]

  • Petronas expands Suriname footprint and picks Halliburton’s solutions for asset optimization

    20 June 2025
    Business Developments & Projects, Project & Tenders

    Malaysia’s state-owned energy company Petronas has inked two deals: one to acquire operatorship of a deepwater exploration block offshore Suriname and the other for deploying technology aimed at advancing subsurface modeling and reservoir management exploration across its assets.

  • Cyprus: Prosafe SE Announces Sale of BWO Shares

    26 October 2010
    Business & Finance

    Prosafe SE has sold 6,716,396 shares in BWO and Prosafe Holding Ltd has sold 23,733,764 shares in BWO for a price of NOK 12.65 (USD $ 2,16) per share. After this sale, Prosafe SE and Prosafe Holding Ltd do not hold any shares in BWO. Prosafe SE  is an owner/operator of semi-submersible accommodation and service […]

  • Prosafe vessel staying longer in Gulf of Mexico

    29 January 2024
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Prosafe has secured a charter extension with an undisclosed company for one of its semi-submersible vessels, which is working in the U.S. Gulf of Mexico.

  • Prosafe gets contract extension for accommodation rig

    3 January 2017
    Business & Finance

    Repsol Sinopec Resources UK has extended the charter of the Safe Boreas offshore accommodation rig by 21 days. According to Prosafe, the owner of the rig, the firm operational period of the Safe Boreas rig has been extended through January 27, 2017. The Safe Boreas is working at Montrose A in the UK sector of the […]

  • Norway: Statoil Hires Prosafe Accommodation Rigs

    10 April 2012
    Business & Finance

    Prosafe, an owner and operator of semi-submersible accommodation/service rigs, has been awarded two separate contracts by Statoil Petroleum AS (‘Statoil’) using the Safe Scandinavia and Regalia.  The Safe Scandinavia will be used for accommodation support at Snorre A in the Norwegian sector of the North Sea for a nine-month firm period. On site operations are […]

  • Swedish Design for Prosafe’s New Accommodation Rig

    22 December 2011
    Business & Finance

    KBR’s subsidiary GVA has been awarded a contract for the design of a GVA 3000E Accommodation Unit by Jurong Shipyard. The new unit—to be installed in the North Sea Norwegian Continental Shelf—will be one of the most advanced and efficient harsh environment accommodation rigs in the world. This is the fourth rig designed for Prosafe […]

  • BP charters Prosafe unit for Trinidad job

    11 February 2022
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Offshore accommodation services provider Prosafe has secured a new contract with BP for operations off Trinidad.

  • Prosafe appeals Norway’s Floatel merger objection

    26 November 2019
    Exploration & Production

    Offshore accommodation giant Prosafe has appealed the Norwegian Competition Authority’s decision to reject the proposed Prosafe-Floatel merger.

  • Aker BP extends charter for Prosafe flotel

    7 February 2019
    Business & Finance, Exploration & Production

    Aker BP has exercised the first of eight one-month options to extend the charter of the Prosafe-owned flotel Safe Scandinavia.