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Prosafe SE (PSFSF.PK) Prosafe has been awarded a contract by Shell U.K. Limited for the provision of the Safe Scandinavia accommodation rig for operations in the UK sector of the North Sea. The firm period of the contract is 65 days with on site operations planned to commence July 2009.
Total value of the contract linked to the award is about USD 24 million.
Prosafe is the world's leading owner and operator of semi-submersible accommodation/service rigs. Operating profit reached USD 222.2 million in 2007. The company operates globally, employs approx. 430 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, 11 July 2008 Prosafe SE
For further information, please contact:
Karl Ronny Klungvedt, Exec. Vice President and CFO Phone: +357 2462 1982 / +357 996 88 169
