Letter of Intent for Safe Scandinavia
(Thomson Reuters ONE) -
Prosafe has been awarded a Letter of Intent ("LOI") by an undisclosed client for
the provision of the Safe Scandinavia accommodation support rig at a project in
the British sector of the North Sea. The firm period of the contract linked to
the LOI is four months with on site operations planned to commence August 2012.
In addition Prosafe has granted the client a one-month option.
Total value of the contract for the firm period is about USD 35 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, 12 January 2011
Prosafe SE
For further information, please contact:
Karl Ronny Klungtvedt, Chief Executive Officer
Prosafe Management AS
Phone: +47 908 81 657
Sven Børre Larsen, Chief Financial Officer
Prosafe Management AS
Phone: +47 909 43 673
Cecilie Ouff, Finance and IR Manager
Prosafe AS
Phone: +47 51 64 25 20 / +47 991 09 467
This information is subject of the disclosure requirements acc. to §5-12 vphl
(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#1478807]
Unternehmensinformation / Kurzprofil:
Datum: 11.01.2011 - 12:37 Uhr
Sprache: Deutsch
News-ID 50359
Anzahl Zeichen: 2060
contact information:
Town:
Larnaca
Kategorie:
Business News
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"Letter of Intent for Safe Scandinavia"
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