Prosafe SE: Safe Scandinavia TSV has commenced mobilisation

Safe Scandinavia has successfully completed onshore acceptance testing and is now mobilising to the Oseberg Øst installation to commence drilling support operations for Statoil.

Prosafe is responsible for the provision of mud services to the Oseberg Øst installation together with all marine operations of the tender support vessel (TSV). The Safe Scandinavia will continue to perform accommodation duties to support the installation via a telescopic gangway, affording the maximum flexibility to Statoil.

The contract will commence upon completion of mobilisation, which is expected towards the end of March.

Prosafe is the world's leading owner and operator of semi-submersible accommodation vessels. Operating profit reached USD 167 million in 2015 and net profit was USD 85.6 million. The company operates globally, employs 850 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, 14 March 2016
Georgina Georgiou, General Manager
Prosafe SE

For further information, please contact:

Cecilie Helland Ouff, Senior Manager Finance and Investor Relations
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.