PRS Prosafe

Prosafe SE: Update on the merger process with Floatel International

Prosafe SE: Update on the merger process with Floatel International

Reference is made to press release dated 25 November 2019 in which Prosafe informed that the process with the Competition and Markets Authority (CMA) in the UK was in Phase 2 and that more specific information was anticipated to be available in the course of the first quarter of 2020.

Today, the CMA has issued their provisional findings which conclude that blocking the merger may be the only way to mitigate their concerns.

Prosafe will study the conclusions and supporting arguments in detail ahead of the deadline for responding by 20 February.

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, 30 January 2019

Prosafe SE

For further information, please contact:

Glen Ole Rødland, Chairman of Prosafe:

Jesper K. Andresen, CEO of Prosafe: Phone: /

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

EN
30/01/2020

Underlying

PRSProsafe

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

Reports on Prosafe

ABGSC Oil & Oil Services Research ... (+5)
  • ABGSC Oil & Oil Services Research
  • John Olaisen
  • Njål Kleiven
  • Oliver Dunvold
  • Stian Wibstad
DETNOR AKER BP ASA
EQNR EQUINOR ASA
AKAST AKASTOR ASA
KOG KONGSBERG GRUPPEN ASA
SOC SUBSEA 7 S.A.
PEN PANORO ENERGY ASA
ARCHERO ARCHER
AKER AKER ASA CLASS A
DNO DNO ASA CLASS A
TGS TGS-NOPEC GEOPHYSICAL COMPANY ASA
ODL ODFJELL DRILLING
AKSOO AKER SOLUTIONS ASA
BWO BW OFFSHORE LIMITED
PRS PROSAFE
OKEA OKEA
BWE BW ENERGY
VAR VAR ENERGI ASA
SEAPT-NO SEACREST PETROLEO
DOFG DOF GROUP ASA
06/25/25 June 25, 2025 1 EN
 PRESS RELEASE
Free
PRS PROSAFE

Prosafe SE: Operational update – May 2025

Prosafe SE: Operational update – May 2025 20 June 2025 - Fleet utilisation for May 2025 was 60 per cent.    Safe Zephyrus, Safe Eurus and Safe Notos operated at full capacity in May, achieving 99 to 100 per cent commercial uptime.   As announced, Safe Notos has been awarded a four-year contract with Petrobras in Brazil commencing September 2026 in continuation of its existing contract.   Safe Caledonia commenced operations at the Captain Field in the UK on 02 June 2025.    Safe Boreas is currently being transported to Singapore ahead of her upcoming contract in Australia.  Prosafe is a...

June 20, 2025 1 EN
 PRESS RELEASE
Free
PRS PROSAFE

Prosafe SE: Safe Notos awarded contract with Petrobras

Prosafe SE: Safe Notos awarded contract with Petrobras 18 June 2025 – Reference is made to the press release dated 12 May 2025, Prosafe has now been informed that Petróleo Brasileiro SA (‘Petrobras’) have ratified the result of the bidding process for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil. As a result, the contract with a total value of approximately USD 204 million and four year duration commencing in September 2026 will be entered into without delay.  Prosafe is a leading owner and operator of semi-submersible accommoda...

June 18, 2025 1 EN
 PRESS RELEASE
Free
PRS PROSAFE

Prosafe SE: Annual General Meeting completed

Prosafe SE: Annual General Meeting completed 21 May 2025 – The Annual General Meeting ("AGM") of Prosafe SE (the "Company") was held today as a virtual meeting via Lumi. All proposals on the agenda were adopted in accordance with the notice of the AGM that was published by the Company on 30 April 2025. The minutes from the AGM are attached hereto and can be downloaded from and . For further information, please contact: Terje Askvig, CEO Phone: Reese McNeel, CFO Phone:  186 This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securiti...

May 21, 2025 1 EN
 PRESS RELEASE
Free
PRS PROSAFE

Prosafe SE: Operational update – April 2025

Prosafe SE: Operational update – April 2025 21 May - Fleet utilisation for April 2025 was 58 per cent.    Safe Zephyrus and Safe Eurus operated at full capacity during April, achieving 100 per cent commercial uptime.   Safe Notos had 92 per cent commercial uptime due to required repairs.  Safe Caledonia has been re-activated for UK contract with start 01 June. Safe Boreas is in process of being transported to Singapore ahead of contract in Australia.  Safe Scandinavia has been sold for recycling and been delivered to the buyer.   Prosafe is a leading owner and operator of semi-submersi...

May 21, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch