PRS Prosafe

Prosafe SE: Safe Notos extended by Petrobras

Prosafe SE: Safe Notos extended by Petrobras

Prosafe has signed a further contract extension with Petrobras Netherlands B.V. (‘Petrobras’) for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil.



The original three years and 222-day firm period was due to complete in July 2020, had previously been extended through to mid-November 2021 and this further extension will take the firm operational period through to mid-July 2022.



Total value of the contract extension is approximately USD 16.2 million.



The Safe Notos, a technologically advanced and efficient Dynamically Positioned (DP3), harsh environment semi-submersible safety and maintenance support vessel, can accommodate up to 500 persons with extensive recreation facilities. In addition, with a large capacity open deck area and telescopic gangway, the Safe Notos provides Petrobras with 300 tonne lift capability.



Jesper Kragh Andresen, CEO of Prosafe says: “Prosafe is pleased that once again the Safe Notos has been extended by Petrobras demonstrating her continued value in supporting their offshore operations.”



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



Stavanger, 5 November 2021

Prosafe SE



For further information, please contact:



Jesper K. Andresen, CEO

Phone: /  155



Stig Harry Christiansen, Deputy CEO and CFO

Phone: /  813



This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act



EN
05/11/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Prosafe

 PRESS RELEASE

Prosafe SE: Safe Caledonia Further Extended at Captain

Prosafe SE: Safe Caledonia Further Extended at Captain 13 November 2025 - Ithaca Energy (UK) Limited (‘Ithaca’) has exercised a further seven (7) weeks of options for the Safe Caledonia to continue providing accommodation support at the Captain field in the UK sector of the North Sea through to early February 2026. The extension is on the back of the recently exercised two weeks, and leaves Ithaca with three weeks of options available. Total value of this contract extension is approximately USD 6.4 million. Reese McNeel, CEO of Prosafe says: “This significant extension of the contract ref...

 PRESS RELEASE

Prosafe SE: Shareholding disclosure

Prosafe SE: Shareholding disclosure 13 November 2025 following the sale of shares, Burlington Loan Management DAC owns in total 52,880,695 shares in the Company, representing 15% of the total 352,537,966 outstanding shares and votes in the Company, thereby crossing the 15 % disclosure threshold in the Norwegian Securities Trading Act Section 4.2. The previous filing was made on 21st July 2025, when Burlington Loan Management DAC owned 60,107,018 shares in the Company, representing approximately 17.70 % of the total 339,504,369 outstanding shares and votes in the Company. Prosafe is a leadi...

 PRESS RELEASE

Prosafe SE: Third-quarter results 2025

Prosafe SE: Third-quarter results 2025 (Figures in brackets refer to the corresponding period last year) 13 November 2025 – Prosafe SE reported EBITDA of USD 11.3 million (USD 5.0 million) for the third quarter of 2025. All the company’s five vessels generated revenue in the quarter, with four units active during the full period and the Safe Boreas receiving standby-rate in September. Operations and HSSE Good operating performance with 86% fleet utilisation All five units on contract at end-of-quarter and 100% fleet utilisation in September Safe Boreas on standby rate from 1 September ah...

 PRESS RELEASE

Prosafe SE: Reese McNeel appointed as CEO in Prosafe SE

Prosafe SE: Reese McNeel appointed as CEO in Prosafe SE Oslo, 6 November 2025 - The Board of Directors of Prosafe has appointed Reese McNeel as permanent chief executive officer (CEO) of Prosafe. Reese will continue to perform the CFO duties until a successor is appointed. Reese has more than 20 years of leadership experience from the offshore energy industry and publicly listed companies, including executive management and CEO level tenure at Atlantica Tender Drilling Ltd. and Sevan Marine ASA. He has already demonstrated his strong leadership and dedication to Prosafe as interim CEO sin...

ABGSC Energy Research ... (+7)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • John Olaisen
  • Lars Trongaard Brattli
  • Martin Mauseth
  • Njål Kleiven
  • Stian Wibstad

ResearchPool Subscriptions

Get the most out of your insights

Get in touch