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North Sea Operator Extends Semisub Vessel Contract
The Buzzard field operator has exercised two of three available 30-day options for Safe Boreas. PHOTO SOURCE: Prosafe SE
8:00 PM EST | July 11, 2021
Norway's $24B Fund Seeing End To Losses In Oil Services
The worst could be over for investors in Norwegian oil service high yield bonds.
8:00 PM EST | August 16, 2016
Prosafe Takes Delivery of the Safe Zephyrus Accommodation Vessel
Prosafe takes delivery of the Safe Zephyrus semi-submersible accommodation vessel from Singapore's Jurong Shipyard.
7:00 PM EST | January 26, 2016
Sembcorp Marine Delivers Accommodation Semisub Safe Zephyrus to Prosafe
Sembcorp Marine delivers the accommodation semisubmersible vessel Safe Zephyrus to Prosafe.
7:00 PM EST | January 18, 2016
Prosafe Raises Funds to Strengthen Balance Sheet
Offshore accommodation provider Prosafe raises $71 million in order to strengthen its balance sheet.
7:00 PM EST | December 03, 2015
Prosafe, Jurong Shipyard Agree on Flexible Delivery of Safe Zephyrus Vessel
Prosafe and Jurong Shipyard agree to a flexible delivery of the completed Safe Zephyrus accommodation vessel from the latter's yard in Singapore.
7:00 PM EST | November 26, 2015
Prosafe SE: Robust Short-Term Outlook, Optimistic About Long-Term
Prosafe SE offers a "robust" short-term outlook and is optimistic about long-term market conditions.
8:00 PM EST | August 20, 2015
Prosafe Wins North Sea Accommodation Vessel Contract
Norwegian offshore accommodation provider Prosafe SE signs a $60-million deal to supply a vessel to an unnamed client for work in the UK North Sea.
8:00 PM EST | August 16, 2015
Prosafe, Shell Extend Safe Astoria's Contact at the Malampaya Project
Prosafe and Shell Philippines Exploration agree to a one month extension for the provision of the Safe Astoria accommodation support vessel at the Malampaya Phase 3 Depletion Compression Project offshore Philippines.
8:00 PM EST | June 08, 2015
BG Group, Prosafe Agree New Program for Safe Bristolia Vessel
BG Group and Prosafe agree a new work program for the use of the Safe Bristolia accommodation support vessel on BG's Everest field.
8:00 PM EST | May 21, 2015
Rig Firm Prosafe Sees Pickup in Activity as Oil Prices Rise
Offshore accommodation provider Prosafe posts first-quarter operating earnings above expectations as activity picks up.
8:00 PM EST | May 12, 2015
Rig firm Prosafe Cuts Dividend Target on Weak Oil Sector
Offshore accommodation rig provider Prosafe cuts its dividend target as the offshore oil sector continues to weaken on capital spending cuts.
7:00 PM EST | November 04, 2014
Prosafe Signs $443M, 3-Yr Rig Deal in Norway
Offshore accommodation supplier Prosafe signs a deal to provide its Safe Scandinavia vessel for three years of work in Norway.
8:00 PM EST | March 16, 2014
Offshore Accommodation Provider Prosafe Warns of Tougher Times as 4Q Beats
Offshore accommodation supplier Prosafe warns of tougher times in spite of strong fourth quarter.
7:00 PM EST | February 09, 2014
Cosco's $200M Deals to 2 Build Semisub Accommodation Vessels Take Effect
Cosco Corporation reported that contracts, valued at over $200 million, to build 2 semisubmersible accommodation vessels for Prosafe have taken effect.
7:00 PM EST | November 25, 2013
Prosafe Signs LOI with Cosco to Build 2 Semisub Accommodation Vessels
Prosafe inks a letter of intent, worth around $200 million, with Cosco (Qidong) Offshore Co. for the engineering, procurement and construction of two semisubmersible accommodation vessels.
7:00 PM EST | November 06, 2013
Prosafe Sees Extensions Signed for 3 Accommodation Rigs
Accommodation rig provider Prosafe agrees extension deals for three accommodation support vessels.
8:00 PM EST | October 01, 2013
Prosafe: Robust Demand for Accommodation Rigs
Prosafe reports that the demand outlook for offshore accommodation vessels remains robust.
8:00 PM EST | August 21, 2013
Sembcorp Marine Finalizes Accommodation Semisub Deal with Prosafe
Sembcorp Marine and Prosafe sign a contract for a second accommodation semisubmersible worth $295.2 million with options for an additional three units.
7:00 PM EST | November 18, 2012
BP Chooses Prosafe's Safe Caledonia for Andrew Area
Prosafe signs a contract with BP for the use of Safe Caledonia conducting accommodation support at the Andrew Area Development Project in the UK sector of the North Sea.
8:00 PM EST | April 23, 2012
Prosafe Wins Shell Contract Offshore Philippines
Prosafe has received a Notice of Award for a minimum 9-month contract by Shell Philippines Exploration offshore Philippines.
8:00 PM EST | March 11, 2012
Prosafe Bags Nexen Gig at Golden Eagle Facility
Prosafe has been awarded a contract by Nexen for a 240-day firm period using the Safe Caledonia for accommodation support at the Golden Eagle facility.
8:00 PM EST | September 13, 2011
Prosafe Enters LOI with Talisman for MSV Regalia
Prosafe has been awarded an LOI by Talisman for a 107 day contract using the MSV Regalia for accommodation support at the Yme facility.
8:00 PM EST | June 27, 2011
Prosafe Snags Bareboat Contract in Mexico
Prosafe has been awarded a Letter of Intent by Interpetroleum Services for a bareboat contract for the Safe Bristolia, and contract extensions for the Jasminia and Safe Hibernia.
8:00 PM EST | April 25, 2011
ConocoPhillips Awards Prosafe Contract
ConocoPhillips has awarded Prosafe a contract for use of the Safe Scandinavia for accommodation support at the Eldfisk Platform in the Norwegian sector of the North Sea.
8:00 PM EST | March 24, 2011
Prosafe Awarded LOI for MSV Regalia
Prosafe has been awarded a Letter of Interim Agreement by Talisman for the provision of the MSV Regalia accommodation support rig at the Auk South Redevelopment Project.
7:00 PM EST | March 07, 2011
Jasminia Receives Extension in Mexico's Cantarell Field
Prosafe and Interpetroleum have agreed to extend the bareboat contract for use of the semi-submersible accommodation rig Jasminia in the Cantarell field.
8:00 PM EST | September 29, 2010
Prosafe Bags North Sea Contract
Prosafe has been awarded a contract by BG International (CNS) for the provision of the Safe Caledonia accommodation rig.
8:00 PM EST | August 10, 2010
Safe Lancia Secures Extension
Interpetroleum Services has awarded Prosafe an extension of the bareboat contract for Safe Lancia.
8:00 PM EST | June 30, 2010
Shell Philippines Buys More Time for Safe Astoria
Shell has exercised an option for the continued use of the Safe Astoria accommodation support rig offshore Palawan, Philippines.
8:00 PM EST | April 05, 2010
BP Exercises Option for Continued Use of MSV Regalia
BP Norge AS has exercised the six-month option with commencement January 2011 for the continued use of the MSV Regalia accommodation support rig at the Valhall offshore facility.
7:00 PM EST | February 07, 2010
FSO Endeavor Resumes Operations in India
FSO Endeavor has commenced the 12-month contract extension on the PY-3 field in India after undergoing repair work paid by the client Aban Offshore.
7:00 PM EST | January 26, 2010
Hoegh, Prosafe Cooperate in LNG FPSO Segment
Hoegh LNG and Prosafe Production have executed a MOU for the long term cooperation within the LNG FPSO segment.
7:00 PM EST | January 24, 2010
Prosafe Posts Rig Utilization Update for 4Q 2009
Prosafe reported that its rig utilization in the fourth quarter of 2009 was 84 percent and rig utilization for the year 2009 was 86 percent.
7:00 PM EST | January 07, 2010
Prosafe Reports Q2 Results
Prosafe SE on Thursday reported its financial results for the second quarter of 2009.
8:00 PM EST | August 26, 2009
Prosafe Posts Operational Update for 2Q 2009
Prosafe SE reported that rig utilization in the second quarter of 2009 was 86 percent.
8:00 PM EST | July 12, 2009
Shell Philippines Taps Prosafe for Safe Astoria Accommodation Rig
Prosafe has been awarded a Letter of Award by Shell Philippines Exploration B.V. for the provision of the Safe Astoria accommodation rig at the Malampaya Shallow Water Platform offshore Palawan, Philippines.
8:00 PM EST | May 07, 2009
StatoilHydro Taps Safe Scandinavia to Accomodate Snorre A Facility
Prosafe was awarded a Letter of Intent by StatoilHydro for the provision of the Safe Scandinavia accommodation support rig at the Snorre A offshore facility in the Norwegian sector of the North Sea.
8:00 PM EST | March 23, 2009
OP Marine, RH Morton Land Major North Sea Rig Refurb Contract
Two Scottish companies have secured a prestigious contract to undertake a rig re-fit for Singapore based Prosafe Rigs.
8:00 PM EST | March 16, 2009
Sakhalin Energy Investment Axes Safe Astoria Contract
Sakhalin Energy Investment Company terminated the remaining contract duration for the use of the Safe Astoria accommodation support rig offshore Sakhalin Island in the Russian Federation.
7:00 PM EST | February 08, 2009
Prosafe Underscores Rig Utilization for Fourth Quarter 2008
Prosafe has reported that its rig utilization in the fourth quarter of 2008 was 88%. The rig utilization for the year 2008 was 92%.
7:00 PM EST | January 13, 2009
Safe Bristolia Lands Accomodation Gig at Pemex's Cantarell Field
Prosafe has been awarded a LOI by Interpetroleum Services Limited for a bareboat contract of the semisubmersible accommodation rig Safe Bristolia at the Cantarell field for Pemex in Mexico.
7:00 PM EST | January 11, 2009
Maersk Exercises Option for Continued Use of Safe Esbjerg Unit
Maersk has exercised the second of two six-month options available for continued use of the Safe Esbjerg accommodation jackup.
7:00 PM EST | November 24, 2008
Keppel Secures $222MM in Conversion, Construction Contracts
Keppel Offshore & Marine has secured contracts through its subsidiaries for the conversion of a floating storage and offloading vessel, as well as the refurbishment and outfitting of a semisubmersible multi-service vessel.
7:00 PM EST | November 18, 2008
ProAnalysis Secures Oil in Water Monitor for Umuroa FPSO
Prosafe has placed an order with ProAnalysis AS for a two-point Argus Oil in Water monitor to be installed at the Umuroa FPSO operating outside New Zealand.
7:00 PM EST | November 16, 2008
Jasminia Gets Extended Stay in Pemex's Cantarell Field
Prosafe has been awarded a Letter of Intent by Interpetroleum for an extension of the bareboat contract of the semisubmersible accommodation rig Jasminia in the Cantarell field for Pemex in Mexico.
7:00 PM EST | November 05, 2008
Prosafe Reports Rig Utilization Up, Profits Strong for 3Q
Prosafe noted that its financial results for the third quarter were good, with an operating profit of US $61.2 million and a net profit of US $59.4 million.
7:00 PM EST | November 05, 2008
Prosafe Extents Safe Caledonia Contract for $20MM
Prosafe has agreed to a $20 million contract extension for the Safe Caledonia with Total and Elf Exploration starting mid-June 2010.
7:00 PM EST | November 03, 2008
Maersk Tosses Prosafe 2-Year Contract for Safe Esbjerg
Prosafe was awarded a contract by Maersk for the provision of the Safe Esbjerg accomodation jackup in the Danish sector of the North Sea.
8:00 PM EST | October 27, 2008
Safe Scandinavia Awarded More Time at StatoilHydro's Sleipner
The Safe Scandinavia has been awarded an extension for operations at StatoilHydro's Sleipner facility in the Norwegian continental shelf.
8:00 PM EST | October 21, 2008