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Prosafe SE: BG International contract award for Safe Bristolia in 2014 and 2015


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-01-21 13:42:02 -

Prosafe has been awarded a contract by BG International Limited for the
provision of the Safe Bristolia accommodation support rig at the Everest
Platform in the British sector of the North Sea. The two firm periods of the
contract are 197 days in both 2014 and 2015, with on-site operations planned to
commence during April 2014 and April 2015, respectively.

Total value of the contract for both firm periods is approximately USD 119.3
million.

Prosafe is the world's leading owner and operator of semi-submersible
accommodation/service rigs. Operating profit reached USD 192.3 million in 2011.
The company operates globally, employs 550 people and is headquartered in
Larnaca, Cyprus. Prosafe is listed on the Oslo Stock Exchange with ticker code
PRS. For more information, please refer to www.prosafe.com.

Larnaca, 21 January 2013
Georgina Georgiou, General 
Manager Prosafe SE For further information, please contact: Karl Ronny Klungtvedt, Chief Executive Officer Prosafe Management AS Phone: + 47 51 64 25 81 Sven Børre Larsen, Chief Financial Officer Prosafe Management AS Phone: +47 909 43 673 Cecilie Helland Ouff, Finance and IR Manager Prosafe AS Phone: +47 51 64 25 20 This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Prosafe SE via Thomson Reuters ONE [HUG#1671823]


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