Prosafe lands extension worth $3.5m with BP for Seagull project
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.
Prosafe
Prosafe hails ‘improving outlook’ amid profitable Q2
Floating accommodation provider Prosafe (OSLO: PRS) reported a profitable Q2, driven by high vessel utilisation and a tranche of new contract awards.
Safe Boreas wins $3.7m contract in UK North Sea
Prosafe has won a $3.7 million contract for its Safe Boreas flotel in the UK North Sea.
Prosafe DCEO and CFO tenders resignation
Oslo-listed Prosafe (OSLO: PRS) has announced that a member of its top brass has tendered his resignation.
BP charters Prosafe vessel for work offshore Trinidad
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.
Prosafe rig utilisation rate bounces back, gives overview of vessel activity
Prosafe’s rig use rate bounced back in 2021 after a “challenging” period for the offshore accommodation vessel contractor.
Prosafe vessel lands North Sea gig at TotalEnergies Elgin complex
Prosafe has won a contract for its Safe Caledonia accommodation vessel with TotalEnergies in the UK North Sea.
BP strikes £25.8m deal to charter Safe Zephyrus for work at ETAP platform
BP has chartered an accommodation vessel to provide gangway connected operations at one of its North Sea platforms.
Shell flies 85 workers ashore after Shearwater Covid outbreak
Shell has flown 85 workers to shore following a Covid outbreak at the Shearwater production hub in the North Sea.
Almost 70 workers removed from North Sea accommodation vessel after Covid outbreak
Dozens of North Sea workers have been flown home after an outbreak of Covid-19 on an accommodation vessel.
‘Extremely disappointed and surprised’: Prosafe miffed by court decision
The boss of Prosafe is “extremely disappointed” by an appeal court decision to make the offshore accommodation provider pay Westcon Yards £40 million.
Number of Covid cases linked to Safe Zephyrus outbreak doubles
Further Covid-19 cases have been recorded on a North Sea accommodation vessel following outbreak earlier this week.
Covid-19 cases confirmed aboard North Sea accommodation vessel
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.
Safe Caledonia heads back to work for Total UK contract
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 scoops £6m contract with Cnooc for Buzzard project
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 gets £21.7million Safe Notos extension with Petrobras
Prosafe has secured a contract extension worth £21.7million for its Safe Notos vessel with Petrobras.
Prosafe wins $13.6m contact with ConocoPhillips
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 to ‘compensate’ Prosafe for 10-month deferral of UK contract
Shell will "compensate" vessel accommodation owner Prosafe for a 10-month deferral of a UK North Sea contract.
Prosafe laments ‘lost year’ after accommodation vessel firm slumps to pre-tax losses of £683m
Bosses at Prosafe have lamented a “lost year” after it slumped to pre-tax losses of £683 million ($895m) in the first half 2020.
Time runs out on Prosafe loan deal
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”.
Prosafe says switching office will ‘refresh and reinvigorate’ Aberdeen business
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”.
Prosafe gets financial relief as it works to stay afloat
Flotel owner Prosafe has received some financial relief as it works to stay afloat amid the latest downturn.
Prosafe vessel fleet use down by almost half in first quarter of 2020
Vessel-owner Prosafe has reported a significant knockdown in its fleet utilisation rate for the first quarter of 2020.
North Sea must heed competition rules when it comes to cutting costs
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.
Total delays Prosafe contract at Elgin field due to ‘unprecedented challenge’
French oil giant Total has delayed a contract due to be led by vessel-owner Prosafe at its Elgin field in the North Sea.