Accommodation vessel operator Prosafe has been awarded a contract extension for its Safe Boreas unit in the North Sea.
Prosafe (OLSO: PRS) has landed its first extension worth $3.5m (£3.1m) with BP to support development of the Seagull field in the UK North Sea.
Floating accommodation provider Prosafe (OSLO: PRS) reported a profitable Q2, driven by high vessel utilisation and a tranche of new contract awards.
Prosafe has won a $3.7 million contract for its Safe Boreas flotel in the UK North Sea.
Oslo-listed Prosafe (OSLO: PRS) has announced that a member of its top brass has tendered his resignation.
Prosafe’s rig use rate bounced back in 2021 after a “challenging” period for the offshore accommodation vessel contractor.
Prosafe has won a contract for its Safe Caledonia accommodation vessel with TotalEnergies in the UK North Sea.
BP has chartered an accommodation vessel to provide gangway connected operations at one of its North Sea platforms.
Shell has flown 85 workers to shore following a Covid outbreak at the Shearwater production hub in the North Sea.
Dozens of North Sea workers have been flown home after an outbreak of Covid-19 on an accommodation vessel.
The boss of Prosafe is “extremely disappointed” by an appeal court decision to make the offshore accommodation provider pay Westcon Yards £40 million.
Further Covid-19 cases have been recorded on a North Sea accommodation vessel following outbreak earlier this week.
Shell has said it is taking “all appropriate precautions” after a handful of Covid-19 cases were detected aboard an accommodation vessel stationed on one of its North Sea fields.
The Prosafe vessel Safe Caledonia is heading back to work for a Total contract, after more than a year being laid up in waters off Orkney.
Prosafe has signed a £6.1 million contract with CNOOC for the charter of the Safe Boreas accommodation vessel at the Buzzard platform in the UK North Sea.
Prosafe has secured a contract extension worth £21.7million for its Safe Notos vessel with Petrobras.
Prosafe has won a $13.6 million deal to provide ConocoPhillips with offshore accommodation on the Ekofisk field for the tie-in of the Tommeliten Alpha field development.
Shell will "compensate" vessel accommodation owner Prosafe for a 10-month deferral of a UK North Sea contract.
Bosses at Prosafe have lamented a “lost year” after it slumped to pre-tax losses of £683 million ($895m) in the first half 2020.
Prosafe has seen the clock run down on its agreement with lenders to extend its loan facilities, but insists it will operate as “business as usual”.
Bosses at Prosafe are hoping an office move will “refresh and reinvigorate” the firm’s Aberdeen operations at a time when the oil and gas industry is at an “all-time low”.
Flotel owner Prosafe has received some financial relief as it works to stay afloat amid the latest downturn.
Vessel-owner Prosafe has reported a significant knockdown in its fleet utilisation rate for the first quarter of 2020.
The Covid-19 pandemic has created a severe demand shock for the energy market, coinciding with an oil price war that has caused prices to plummet further.