Prosafe SE

Regulatory Filings • Jun 29, 2019

Prosafe SE: Equinor awards Peregrino to Safe Concordia

Prosafe SE: Equinor awards Peregrino to Safe Concordia

Equinor Brasil Energia Ltda ('Equinor') has awarded a contract to Prosafe for

the Safe Concordia to provide gangway connected operations supporting

maintenance and safety services at the Peregrino FPSO in the Campos Basin

offshore Brazil.

Contract signing is subject to certain conditions, and the contract has a

duration of 120 days commencing mid-January 2020 with up to 60 days of options.

The Safe Concordia pioneered gangway connection to turret moored FPSO's having

developed the concept in 2012, and has subsequently provided reliable and safe

operations maintaining high connectivity to a large number of installations.

Jesper Kragh Andresen, CEO of Prosafe says: "Prosafe is very pleased to be once

again working for Equinor, delivering a high quality and reliable operation. The

Safe Concordia is proven as a consistent performer with high bed capacity and

great flexibility and we are in no doubt that we will extend our excellent safe

and efficient track record."

Prosafe is a leading owner and operator of semi-submersible accommodation

vessels. The Company is listed on the Oslo Stock Exchange with ticker code PRS.

For more information, please refer to www.prosafe.com (http://www.prosafe.com/)

Stavanger, 29 June 2019

Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO

Phone: +47 907 65 155

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act.