PRS Prosafe

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 reflects the excellent operational capabilities of the Safe Caledonia, especially into the harsher North Sea months. We look forward to continuing providing industry leading gangway connectivity.”

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

For further information, please contact:

Reese McNeel, CEO

Phone: 

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and the continuing obligations for issuers listed on Euronext Oslo Børs.



 

Attachment



EN
13/11/2025

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: Operational update – February 2026

Prosafe SE: Operational update – February 2026 23 March 2026 - Fleet utilisation for February 2026 was 96%.   In Brazil, Safe Eurus, Safe Notos, and Safe Zephyrus continued to operate at full capacity in January, delivering near 100 % commercial uptime. In early-March, Safe Zephyrus and Safe Notos both commenced scheduled special periodic surveys (SPS), upgrade and maintenance work.  Safe Boreas continued to receive full day rate, awaiting commencement of the 15-month firm period upon gangway connection, which is delayed and expected now during the second quarter.   Safe Caledonia had 7...

 PRESS RELEASE

Prosafe SE: Grants of Restricted Stock Units

Prosafe SE: Grants of Restricted Stock Units Oslo, Norway, 16 March 2026 Prosafe SE announces the award of Restricted Share Units ("RSUs") and notification of awards of RSUs to primary insiders. The board of directors in the Company resolved, on 28 September 2025, to establish a long-term incentive program for the Company's senior executives and key personnel based on the granting of restricted stock units to the participants. The Annual General Meeting held on 21 May 2025 resolved to issue restricted, share based compensation to board members. The Board has therefore resolved to include ...

 PRESS RELEASE

Prosafe SE: Shareholding disclosure

Prosafe SE: Shareholding disclosure 03 March 2026 following the sale of shares, Burlington Loan Management DAC owns in total 35,253,797 shares in the Company, representing 10% of the total 352,537,966 outstanding shares and votes in the Company, thereby crossing the 10% disclosure threshold in the Norwegian Securities Trading Act Section 4.2. The previous filing was made on 13th November 2025, when Burlington Loan Management DAC owned 52,880,695 shares in the Company, representing approximately 15% of the total 352,537,966 outstanding shares and votes in the Company.  This information is s...

 PRESS RELEASE

Prosafe SE: Fourth-quarter results 2025

Prosafe SE: Fourth-quarter results 2025 This release contains forward-looking statements based on current assumptions and forecasts made by the Group. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the Group and the estimates given here. (Figures in brackets refer to the corresponding period last year1) 26 February 2026 – Prosafe SE reported EBITDA of USD 21.1 million (USD 8.4 million) for the fourth quarter of 2025. All the company’s five vessels gene...

 PRESS RELEASE

Prosafe SE: Operational update – January 2026

Prosafe SE: Operational update – January 2026 24 February 2026 - Fleet utilisation for January 2026 was 100%.   In Brazil, Safe Eurus, Safe Notos, and Safe Zephyrus continued to operate at full capacity in January, delivering near 100 % commercial uptime.  Safe Caledonia maintained 100% commercial uptime at the Captain Field in the UK. The vessel ended the contract for Ithaca Energy on 22 February 2026 following the exercise of all option periods. The vessel has a Letter of Intent (LoI) from Ithaca Energy for 6 months firm and 3 months of options from the second quarter of 2027.   Safe ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch