Prosafe SE: Contract award for Safe Bristolia


Prosafe has been awarded a contract by Elf Exploration UK Ltd for the provision of the Safe Bristolia accommodation support rig at the Elgin-Franklin Facility in the British sector of the North Sea. The firm period of the contract is 173 days with on-site operations planned to commence 1st May 2013.

Total value of the contract for the firm period is about USD 53.9 million.

Prosafe is the world's leading owner and operator of semi-submersible accommodation/service rigs. Operating profit reached USD 192.3 million in 2011. The company operates globally, employs 550 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, 7 November 2012
Georgina Georgiou, General Manager
Prosafe SE


For further information, please contact:

Cecilie Helland Ouff, Finance and IR Manager
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.
GlobeNewswire

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