Prosafe lands extension for Safe Boreas
Accommodation vessel operator Prosafe has been awarded a contract extension for its Safe Boreas unit in the North Sea.
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 (ยฃ3.1m) 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.
Oil and gas giant BP (LON: BP) has struck a deal with Oslo-listed Prosafe (OSLO: PRS) to charter one of its vessels for use in the Caribbean.
Prosafeโs rig use rate bounced back in 2021 after a โchallengingโ 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 โextremely disappointedโ by an appeal court decision to make the offshore accommodation provider pay Westcon Yards ยฃ40 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 โall appropriate precautionsโ 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 ยฃ6.1 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 ยฃ21.7million 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 โlost yearโ after it slumped to pre-tax losses of ยฃ683 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 โbusiness as usualโ.
Bosses at Prosafe are hoping an office move will โrefresh and reinvigorateโ the firmโs Aberdeen operations at a time when the oil and gas industry is at an โall-time lowโ.
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.