Statoil exercises option on Heidrun


Prosafe Drilling Services has been engaged on Heidrun since 1996, after having accomplished a planning and project phase since the contract award in 1994. Prosafe views this option exercise as yet another confirmation of the strong position the company holds within the platform drilling segment on the Norwegian Continental Shelf.
 
Prosafe is the world's leading owner and operator of semi-submersible service rigs, the largest platform drilling contractor in Norway and a major owner and operator of floating production and storage vessels outside the North Sea. Operating revenues reached NOK 2,4 billion in 2001. The company employs approx. 1.800 people. Prosafe operates in the North Sea, South-East Asia, India, Egypt, West Africa and the Gulf of Mexico. The company is headquartered in Stavanger, Norway. Prosafe is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com.