Contract for Safe Caledonia

Contract for Safe Caledonia

ID: 56243

(Thomson Reuters ONE) -


Prosafe has been awarded a contract by BG International Limited for the
provision of the Safe Caledonia accommodation rig for the North Everest project
in the North Sea. This project will commence immediately after the completion of
the BG Armada project with the rig thereafter being on hire to BG International
Limited until 17(th) March 2012. In addition Prosafe has granted two additional
one-week options.

Total value of the contract for the utilisation period (excluding options) is
circa USD 21 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 500 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, 8 July 2011
Georgina Georgiou
General Manager
Prosafe SE

For further information, please contact:

Karl Ronny Klungtvedt, Chief Executive Officer
Prosafe Management AS
Phone: +357 996 88 169

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#1529483]


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Bereitgestellt von Benutzer: hugin
Datum: 08.07.2011 - 08:28 Uhr
Sprache: Deutsch
News-ID 56243
Anzahl Zeichen: 2181

contact information:
Town:

Larnaca



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 110 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Contract for Safe Caledonia"
steht unter der journalistisch-redaktionellen Verantwortung von

Prosafe SE (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).


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