Prosafe Awarded Contract Extension for Safe Scandinavia

Prosafe has been awarded a four-week contract extension for the use of Safe Scandinavia for accommodation and support on the Britannia Satellites Phase 1 Development for ConocoPhillips.

The extended contract period is from September 17th until October 14th 2005, and the estimated contract extension value is about US $3 million.

Prosafe has now secured a fleet utilization of approximately 91% in 2005, which is the highest rate ever in the company's history. Long-term market prospects for accommodation and service rigs are also positive, and the business division has already now secured a fleet utilization of about 86% in 2006, 62.5% in 2007 and 34% in 2008.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Regional Manager - Saybolt
Expertise: Business Development|Operations Management|Surveying
Location: Linden, NJ
 
Petroleum Inspector Trainee - Saybolt
Expertise: Field Service Tech|Marine Surveying|Surveying
Location: Clarksville, IN
 
Wireline Operator
Expertise: Wireline
Location: East Canton, OH
 
search for more jobs

Brent Crude Oil : $56.58/BBL 1.32%
Light Crude Oil : $54.45/BBL 1.60%
Natural Gas : $2.62/MMBtu 1.15%
Updated in last 24 hours