Related Party Transaction • Mar 19, 2018
Related Party Transaction
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Prosafe SE: BP charters Safe Caledonia for West of Shetland
Prosafe has signed a contract with BP Exploration Operating Company Limited
('BP') for the provision of the Safe Caledonia semi-submersible accommodation
vessel at the Clair Ridge platform West of Shetland in the UK sector of the
North Sea.
The five-month contract will commence end-May 2018 providing gangway connected
operations to support hook up and commissioning activities.
Total value of the contract period is approximately USD 13.5 million.
Prosafe is a leading owner and operator of semi-submersible accommodation
vessels. The Company is headquartered in Larnaca, Cyprus and listed on the Oslo
Stock Exchange with ticker code PRS. For more information, please refer to
www.prosafe.com
Larnaca, 19 March 2018
Georgina Georgiou, General Manager
Prosafe SE
For further information, please contact:
Jesper K. Andresen, CEO
Prosafe Management AS
Phone: +47 907 65 155
Stig Harry Christiansen, Deputy CEO and CFO
Prosafe Management AS
Phone: +47 47 80 78 13
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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