New contract for Safe Scandinavia
(Thomson Reuters ONE) -
ConocoPhillips Skandinavia AS has awarded Prosafe a two-month contract for use
of the Safe Scandinavia for accommodation support at the Eldfisk Platform in the
Norwegian sector of the North Sea. On site operations are planned to commence in
May 2012.
Furthermore, reference is made to press release dated 12 January 2011 where
Prosafe announced the award of a Letter of Intent by an undisclosed client for
the provision of the Safe Scandinavia accommodation and service rig at a project
in the UK sector of the North Sea for a four-month period, with an additional
one-month option.
Prosafe now advises that the contract has been signed, and that the Safe
Scandinavia will offer accommodation support for ConocoPhillips at the Jasmine
Development Project. The contract will start in direct continuation of the
contract at Eldfisk. In addition to the existing one-month option, Prosafe has
granted ConocoPhillips an additional one-month option.
The revised total value of the contract for this two-month firm period plus
existing four-month firm period is about USD 53.3 million.
Prosafe is the world's leading owner and operator of semi-submersible
accommodation/service rigs. Operating profit reached USD 221.1 million in 2010.
The company operates globally, employs 430 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, 25 March 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 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#1500102]
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Bereitgestellt von Benutzer: hugin
Datum: 25.03.2011 - 11:56 Uhr
Sprache: Deutsch
News-ID 52816
Anzahl Zeichen: 2797
contact information:
Town:
Larnaca
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 236 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"New contract for Safe Scandinavia"
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Prosafe SE (Nachricht senden)
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