Overview page containing news articles

Prosafe

List of the highlighted articles

Posted: 14 days ago

Shell keeps Prosafe rig but defers Shearwater job for 2021

Prosafe and oil major Shell have agreed to defer and amend the contract for the Safe Zephyrus to pro...

Categories:
  • Business & Finance
Posted: 14 days ago
Posted: about 1 month ago

Prosafe still negotiating with lenders as forbearance agreement expires

Regardless of the recent loan forbearance agreement extension expiring, Prosafe is still in discussi...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: 3 months ago

Prosafe gets relief from lenders while working on long-term plan

Prosafe has gained support to an extension to the forbearance arrangement with a majority of its len...

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 3 months ago

Prosafe dives deeper into the red over impairment charges

Prosafe sank deeper into the red in the first quarter of 2020 due to impairment charges resulting fr...

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 4 months ago

Prosafe contract hangs in the balance as Shell delays Shearwater work

The future of Prosafe’s contract for the Safe Zephyrus flotel with Shell is uncertain followin...

Categories:
  • Business & Finance
Posted: 4 months ago
Posted: 5 months ago

Total delays North Sea gig for Prosafe’s accommodation rig

Offshore accommodation specialist Prosafe and oil major Total have agreed to delay Total’s 202...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

Prosafe in talks with operators over possible contract changes

Prosafe, a provider of semi-submersible accommodation rigs, is in talks with operators related to po...

Categories:
  • Project & Tenders
Posted: 5 months ago
Posted: 5 months ago

Prosafe still in talks with lenders for long-term financial solution

Prosafe is still working with its lenders to come up with a financial solution to ensure the company...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Prosafe to claim full contract value after EnQuest cancels rig mobilization

Following EnQuest’s cancellation of mobilization of the Prosafe-owned Safe Zephyrus accommodat...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 6 months ago

Prosafe Supports Thistle Platform Subsea Tank Removal

Prosafe has secured a contract to provide accommodation in support of the redundant subsea tank remo...

Categories:
  • Operations & Maintenance
Posted: 6 months ago
Posted: 6 months ago

Prosafe rig to support subsea tank removal at Thistle platform

Prosafe has been awarded a contract to provide accommodation in support of the redundant subsea tank...

Categories:
  • Business & Finance
Posted: 6 months ago
Posted: 6 months ago

Shell extends North Sea contract for Prosafe flotel

Prosafe and oil major Shell have agreed a contract extension for one of Prosafe’s units for op...

Categories:
  • Business & Finance
Posted: 6 months ago
Posted: 7 months ago

Prosafe and Floatel give up on merger plans amid financial uncertainty

Prosafe and Floatel have decided to abandon their merger plans amid financial uncertainty and regula...

Categories:
  • Business & Finance
Posted: 7 months ago
Posted: 7 months ago

UK: Blocking Prosafe-Floatel merger ‘the only way to mitigate competition concerns’

Competition authorities in the UK have found that blocking a merger between offshore accommodation s...

Categories:
  • Business & Finance
Posted: 7 months ago
Posted: 8 months ago

Prosafe misses final payment to Cosco amid talks with lenders

Prosafe has missed its final payment to China’s Cosco shipyard for the Safe Notos flotel amid ...

Categories:
  • Business & Finance
Posted: 8 months ago
Posted: 8 months ago

Prosafe and Floatel agree extension of share purchase agreement amid competition concerns

Prosafe and Floatel International have agreed an extension of a share purchase agreement related to ...

Categories:
  • Business & Finance
Posted: 8 months ago
Posted: 9 months ago

Prosafe taps Atlas Professionals for offshore workforce

Offshore accommodation giant Prosafe has tapped Atlas Professionals for the provision of marine pers...

Posted: 9 months ago
Posted: 9 months ago

Prosafe appeals Norway’s Floatel merger objection

Offshore accommodation giant Prosafe has appealed the Norwegian Competition Authority’s decisi...

Categories:
  • Exploration & Production
Posted: 9 months ago
Posted: 10 months ago

Prosafe not giving up on Floatel merger

Offshore accommodation specialist Prosafe will not give up on its proposed merger with rival Floatel...

Categories:
  • Business & Finance
Posted: 10 months ago
Posted: 10 months ago

Prosafe loss widens on impairment charges

Offshore accommodation specialist Prosafe posted a net loss of $360 million in the third quarter of ...

Categories:
  • Exploration & Production
Posted: 10 months ago
Posted: 10 months ago

Norway rejects Prosafe-Floatel merger

The Norwegian competition authorities have rejected the proposed merger between offshore accommodati...

Categories:
  • Exploration & Production
Posted: 10 months ago
Posted: about 1 year ago

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

The UK Competition and Markets Authority will refer the proposed merger between Prosafe and Floatel ...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Norwegian regulator moves to block Prosafe-Floatel merger

The transaction involves the two closest competitors in the Norwegian market for offshore accommodat...

Categories:
  • Exploration & Production
Posted: about 1 year ago
Posted: about 1 year ago

Prosafe-Floatel merger raises competition concerns in UK

The proposed merger between offshore accommodation firms Prosafe and Floatel has faced a setback in ...

Posted: about 1 year ago
Posted: about 1 year ago

Floatel, Prosafe waiting on competition authorities to wrap merger

Closure date for the merger between offshore accommodation rig owners Floatel and Prosafe is not yet...

Posted: about 1 year ago
Posted: about 1 year ago

Prosafe bags Mariner extension for ‘Safe Boreas’

Equinor has exercised the fourth of six one-month options to extend Prosafe’s Safe Boreas flot...

Categories:
  • Business & Finance
Posted: about 1 year ago