Prosafe SE: Additional one-month contract extension for Safe Scandinavia at Valhall


Prosafe and BP Norge AS have agreed to extend the Safe Scandinavia's operations at Valhall until 31st January 2013. In addition, Prosafe has granted BP Norge AS an additional one-month option.

The value of the one-month contract extension is approximately USD 9.3 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, 21 December 2012
Georgina Georgiou, General Manager
Prosafe SE


For further information, please contact:

Karl Ronny Klungtvedt, Chief Executive Officer
Prosafe Management AS
Phone: + 47 51 64 25 81

Sven Børre Larsen, Chief Financial Officer
Prosafe Management AS
Phone: +47 909 43 673

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

Recommended Reading