Prosafe to Review Splitting Company
The Board of Directors has decided to commence a process of evaluating the possible effects of a split of Prosafe into two focused, listed companies.
The evaluation will primarily address whether a split into a floating production company and an accommodation/ service rig company would further enhance and visualize the values of its two business units. Also, the evaluation will investigate whether two focused companies can improve growth opportunities on a stand-alone basis.
- Norway's $24B Fund Seeing End To Losses In Oil Services (Aug 17)
- Prosafe Takes Delivery of the Safe Zephyrus Accommodation Vessel (Jan 27)
- Sembcorp Marine Delivers Accommodation Semisub Safe Zephyrus to Prosafe (Jan 19)