2013-10-02 10:32:03 -
Prosafe and Elf Exploration UK Ltd have agreed an extension to the firm period
for the provision of the Safe Bristolia accommodation support vessel at the
Elgin-Franklin Facility in the British sector of the North Sea. The duration or
the firm extension period is 61 days commencing mid-October 2013. Total value of
the firm extension period is approximately USD 15.9 million. In addition,
Prosafe has granted Elf Exploration a 14-day option.
A/S Norske Shell has exercised the two-week option for Regalia at the Draugen
Topside Campaign Project offshore Norway, extending operations until 10
November. Total value of the two-week option is approximately
USD 5 million.
Cotemar group has confirmed that Safe Lancia has been awarded a contract
extension until mid-October.
Prosafe is the world's leading owner and operator of semi-submersible
accommodation vessels. Operating profit reached USD 222.4 million in 2012 and
net profit was USD 177.5 million. The company operates globally, employs 570
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
Larnaca, 2 October 2013
Georgina Georgiou, General Manager
For further information, please contact:
Sven Børre Larsen, Chief Financial Officer
Prosafe Management AS
Phone: +47 909 43 673
Cecilie Helland Ouff, Senior Manager Finance and IR
Phone: +47 991 09 467
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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Source: Prosafe SE via Thomson Reuters ONE