(16 Jan 2019) The fleet utilisation rate in the fourth quarter of 2018 was 63 per cent (Q4 2017: 36.1 per cent), up from 48 per cent in the third quarter of 2018 and at its highest since Q3 2015. The fleet utilisation for the year was 47.3 per cent (2017: 38.4 per cent).
(21 Dec 2018) Prosafe has been awarded two contracts for operations in the UK sector of the North Sea. The Regalia has been chartered for a 60-day duration commencing June 2019, and the Safe Caledonia has been chartered for an 80-day duration commencing June 2020. Both contracts have 30 days of options linked to the firm periods.
(28 Nov 2018) Reference is made to previous announcements by Prosafe with respect to agreements with COSCO and its lenders, including announcements of 3 and 29 August 2018.
(06 Nov 2018) In the third quarter, Prosafe finalised the transforming agreements with COSCO and its lenders, secured several contracts and extensions and grew the firm order book. EBITDA for the third quarter amounted to USD 31.3 million (USD 29.6 million). Cash flow from operations was USD 26.6 million (USD 19 million).
(22 Oct 2018) Prosafe SE will release its third quarter 2018 results on 6 November 2018 at approx. 07:00 a.m. CET. Jesper Kragh Andresen, CEO and Stig H. Christiansen, DCEO & CFO will the same day at 10:00 a.m. CET present the results at Felix Konferansesenter, Bryggetorget 3, Oslo.
(18 Oct 2018) The fleet utilisation rate in the third quarter of 2018 was 48.1 per cent (Q3 2017: 38.9 per cent).
(11 Oct 2018) BP Exploration Operating Company Limited (‘BP’) has chartered the Safe Zephyrus to provide gangway connected operations supporting the completion of some post first oil scopes in summer months when the weather is favourable at the Clair Ridge platform West of Shetland in the UK sector of the North Sea.
(24 Sep 2018) Prosafe has agreed with Equinor UK Limited to extend the Safe Boreas at the Mariner project in the UK sector of the North Sea by eight months from November 2018 until June 2019. In addition, Equinor has up to six months of options available.
(19 Sep 2018) Prosafe has signed a contract with a major oil and gas operator for the Safe Caledonia to provide accommodation support in the UK sector of the North Sea. The firm duration of the contract commencing mid-April 2019 is four months with up to two months of options.
(07 Sep 2018) Reference is made to the convertible bonds issued by Prosafe SE ("Prosafe" or the "Company") on 15 September 2016, with ISIN NO 001077102.5 ("Convertible Bonds").