5424 results found for 'prosafe'

5424 results found for 'prosafe'
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  • Prosafe: 3Q Fleet Utilisation at 91 Pct

    24 October 2013

    Prosafe, a Cyprus-based owner of offshore accommodation rigs, has announced that its fleet utilisation in the third quarter of 2013 was 91 per cent, with ten vessels; Safe Scandinavia, Regalia, Safe Caledonia, Safe Bristolia, Safe Concordia, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia and Safe Regency in full operation during the quarter. Safe Concordia was […]

  • Prosafe fleet utilisation in 1Q at 76 pct

    24 April 2014
    Business & Finance, Project & Tenders

    Prosafe, a Cyprus-based owner of offshore accommodation rigs, has announced that its fleet utilisation in the first quarter of 2014 was 76 per cent with eight vessels Safe Caledonia, Safe Astoria, Safe Concordia, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia and Safe Regency in full operation throughout the quarter. Safe Concordia was on contract in […]

  • Prosafe: Weaker demand for flotels in North Sea

    9 February 2015
    Exploration & Production

    Prosafe, the world’s largest owner of offshore accommodation rigs, known as flotels, has today reported its net profit for the fourth quarter of 2014 was $51 million. The profit was lower when compared to $59.7 million earned in the same period of 2013. Explaining the drop in profit, the company has said that the result […]

  • 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 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’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 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 […]

  • 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 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 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Court overturns previous ruling in Prosafe-Westcon case

    15 April 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Rules & Regulation, Vessels

    A court of appeal has reversed a decision of a district court in Norway in a case between Prosafe and Westcon.

  • Prosafe submits top bid for Brazil flotel supply deal

    24 January 2019
    Business & Finance

    Prosafe has submitted the largest bid in two online auctions for the supply of safety and maintenance support vessels to Brazil.

  • Prosafe on the lookout for new CEO as current one steps down

    2 May 2023
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy, Project & Tenders, Vessels

    Prosafe has embarked on a quest to find a new CEO, as its current one decided to resign after more than six years in the role.

  • Prosafe to lay up two flotels after Pemex suspension?

    7 March 2016
    Exploration & Production

    Prosafe, an owner and operator of semi-submersible accommodation vessels also known as flotels, has informed that Pemex will suspend a contract for one flotel, and it is also likely the company will suspend a contract for another flotel.  According to Prosafe’s statement on Monday, Petróleos Mexicanos (Pemex) has been cutting spending in order to adjust the company’s […]

  • Axis puts into effect two rigs sale to Prosafe

    14 December 2016
    Exploration & Production

    Flotel provider Axis Offshore has executed a definitive agreement with the offshore accommodation specialist Prosafe regarding the sale of two of its new flotels.  The pair signed a letter of intent for Prosafe to acquire the two harsh-environment semi-submersible accommodation rigs, the Axis Nova and the Axis Vega, in November 2016. In addition, Prosafe agreed […]

  • Prosafe, Floatel merger to create world’s largest offshore accommodation company

    4 June 2019
    Exploration & Production

    Offshore accommodation rig owners Prosafe and Floatel have agreed to merge businesses in what they say is “merger of equals.”

  • Prosafe further extends standstill agreement with Chinese shipyard

    2 April 2018

    Prosafe has further extended its standstill agreement with China’s shipbuilder Cosco for two semi-submersible accommodation rigs, Safe Nova and Safe Vega.

  • Norway: BW Offshore Ltd. to Purchase Remaining Prosafe Production.s Shares

    21 June 2010
    Business & Finance

    BW Offshore Limited , one of the world’s leading FPSO contractors and a market leader within advanced offshore loading and production systems to the oil and gas industry, announced today its intention to make a voluntary exchange offer for all of the shares of Prosafe Production Public Limited not currently owned by BWO. The consideration […]