M&A Activity • Apr 15, 2014
M&A Activity
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Contract extension for Safe Hibernia
Cotemar group has confirmed that Safe Hibernia has been awarded a contract
extension through to 27 July 2014 with unchanged day rate. The contract value of
the extension is USD 6.2 million.
Prosafe is the world's leading owner and operator of semi-submersible
accommodation/service vessels. Operating profit reached USD 245.1 million in
2013 and net profit was USD 199.1 million. The company operates globally,
employs 595 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, 15 April 2014
Georgina Georgiou, General Manager
Prosafe SE
For further information, please contact:
Cecilie Helland Ouff, Senior Manager Finance and Investor Relations
Prosafe AS
Phone: +47 51 64 25 20/ +47 991 09 467
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
[HUG#1777407]
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