Prosafe SE: Prosafe orders two advanced semi-submersible accommodation vessels

Prosafe SE: Prosafe orders two advanced semi-submersible accommodation vessels

ID: 313795

(Thomson Reuters ONE) -


Prosafe has agreed a Letter of Intent (LoI) with COSCO (Qidong) Offshore Co.
Ltd. for the Engineering, Procurement and Construction of two semi-submersible
accommodation vessels, with options for four further units. The vessels will be
the most advanced and flexible units for worldwide operations excluding Norway,
and will be ready for operations in 2016.

The vessels will be of Gusto MSC's Ocean 500 design and will be equipped with
500 beds, DP3 station keeping systems, 10-point chain mooring and 300 tonne
cranes.

The LoI covers two potential contracts, each in excess of USD 200 million. The
vessels will be financed through cash flow from operations, existing debt
facilities and new debt commitments.

Prosafe is the world's leading owner and operator of semi-submersible
accommodation vessels. Operating profit reached USD 222.4 million in 2012 and
net profit was USD 177.5 million. The company operates globally, employs 570
people and is headquartered in Larnaca, Cyprus. Prosafe is listed on the Oslo
Stock Exchange with ticker code PRS. For more information, please refer to
www.prosafe.com.

Larnaca, 7 November 2013
Georgina Georgiou, General Manager
Prosafe SE

For further information, please contact:

Karl Ronny Klungtvedt, Chief Executive Officer
Prosafe Management AS
Phone: +47 51 64 25 81

Cecilie Helland Ouff, Senior Manager Finance and Investor Relations
Prosafe AS
Phone: +47 51 64 25 20/ +47 991 09 467


This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and




other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Prosafe SE via Thomson Reuters ONE
[HUG#1741374]




Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  Prosafe SE: Third quarter 2013 results Prosafe SE: Dividend approved
Bereitgestellt von Benutzer: hugin
Datum: 07.11.2013 - 08:32 Uhr
Sprache: Deutsch
News-ID 313795
Anzahl Zeichen: 2386

contact information:
Town:

Larnaca



Kategorie:

Business News



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