FSO Endeavor has resumed operations

(Thomson Reuters ONE) - FSO Endeavor on 24 January commenced the 12-month contract extension on the PY-3field in India after undergoing repair work paid by the client Aban Offshore.The vessel has been off hire since the original contract expired in July lastyear. The gross value of the extension is approximately USD 7 million.About Prosafe ProductionProsafe Production is a leading owner and operator of Floating Production,Storage and Offloading vessels (FPSOs). Prosafe Production has 25 years ofoperational experience from several of the world's largest oil and gasprovinces. The company has a good operational uptime track record and possessesa range of proprietary FPSO-related technologies. Prosafe Production operatesglobally and employs approximately 1,000 employees from more than 40 countries.Headquartered in Limassol, Cyprus, Prosafe Production is listed on the OsloStock Exchange with ticker code PROD. Please refer to www.prosafeproduction.com for more details.Contacts:Bj?E. Henriksen, President and CEO, Prosafe Production, +31 610532543Sven B? Larsen, EVP & CFO, Prosafe Production, +65 9657 2590This information is subject of the disclosure requirements acc. to §5-12 vphl(Norwegian Securities Trading Act)[HUG#1377484]

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Datum: 27.01.2010 - 06:50 Uhr
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