Contract extension for Jasminia

Contract extension for Jasminia

ID: 43429

(Thomson Reuters ONE) -


Prosafe and Interpetroleum Services Limited have agreed to extend the bareboat
contract for use of the semi-submersible accommodation rig Jasminia in the
Cantarell field for Pemex in Mexico with 159 days.

This is the first of a series of mutually agreeable extensions with a duration
of up to six months each. If all extensions are agreed, the contract will run
until mid-February 2013.

The contract runs now until 8 June 2011. The value of the extension of the
bareboat contract is about USD 7.2 million.

Prosafe is the world's leading owner and operator of semi-submersible
accommodation/service rigs. Operating profit reached USD 218.6 million in 2009.
The company operates globally, employs approx. 400 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, 30 September 2010
Prosafe SE

For further information, please contact:

Karl Ronny Klungtvedt, EVP Strategy and Corporate Planning
Phone: +47 51 64 25 81 / +47 908 81 657

Robin Laird, President Offshore Support Services
Phone: +65 6559 1980 / +65 8127 2101


This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1447819]








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




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Bereitgestellt von Benutzer: hugin
Datum: 30.09.2010 - 08:14 Uhr
Sprache: Deutsch
News-ID 43429
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contact information:
Town:

Larnaca



Kategorie:

Business News



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