Procon Drilling Services AS, a wholly owned subsidiary of ProSafe ASA, has been awarded the contract for upgrading of the drilling unit on Oseberg C. The contract value is approx. NOK 21 mill. The work will commence immediately and will finish early December 2000.
Procon Drilling Services AS has already the drilling contract on Oseberg, and the award of the new contract implies that the company will commence drilling on one additional installation as soon as the upgrading work is completed.
ProSafe ASA, comprising the business areas Offshore Support Services, Offshore Drilling & Related Services and Technology & Engineering, is the largest contractor within the platform drilling segment on the Norwegian Continental Shelf and also the world's leading operator of semi-submersible service rigs owning 6 out of 8 units world-wide. Further the company holds leading positions within the areas of equipment for drilling fluid processes and also offshore fabrication through its subsidiaries Procon Engineering and Consafe Engineering.
The company is listed on the Oslo Stock Exchange with ticker code PRS.
Tananger 19 July 2000
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