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MSV Regalia option exercised
BP Norge AS has exercised the six-month option with commencement January 2011 for the continued use of the MSV Regalia accommodation support rig at the Valhall offshore facility in the Norwegian sector of the North Sea. The value of the exercised option period is USD 43.9 million.

In addition, Prosafe has granted a four-month option, commencing July 2011 if exercised, and an additional two-month option.

 

Larnaca, 8 February 2010

Prosafe SE

 

For further information, please contact:

 

Arne Austreid, President and CEO

Phone: +357 992 75 030

 

Karl Ronny Klungtvedt, EVP Strategy and Corporate Planning

Phone: +47 51 64 25 81 / +47 908 81 657