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Value chain figure

Our business

Prosafe owns/operates 8 semi-submersible accommodation, safety and support vessels and one Tender Support Vessel (TSV) that is providing drilling support services on the NCS.

Furthermore, Prosafe has the Safe Eurus new build harsh environment vessel available for delivery at COSCO Qidong yard in China, and an option on the Safe Nova and Safe Vega nearing completion with a planned preservation and strategic stacking mode with the yard.

Accommodation vessels are used when there is a need for additional accommodation, engineering, construction or storage capacity offshore.

Prosafe’s vessels have accommodation capacity for 306-500 people and offer high quality welfare and catering facilities, storage, workshops, offices, medical services, deck cranes and lifesaving and fire fighting equipment. The units are positioned alongside the host installation and are connected by means of a telescopic gangway so that personnel can walk to work.

Prosafe’s operations are related to maintenance and modification of installations on fields already in production, hook-up and commissioning of new fields, tie-backs to existing infrastructure and decommissioning.

Prosafe’s activities fall within the latter part of an oil field’s life cycle, which is most robust in relation to oil price fluctuations. This strategic position in the value chain ensures sustainable growth for the company and a high return on equity in relation to risk.