Prosafe SE Secures New Contract for Safe Caledonia Operations
Prosafe Secures Extension for Safe Caledonia
In a recent development, Ithaca Energy (UK) Limited has chosen to extend its contract with Prosafe SE, allowing the Safe Caledonia to continue providing vital accommodation support at the Captain field in the North Sea. This extension lasts for two weeks, with future options available.
Details of the Contract Extension
The lucrative contract extension is valued at approximately USD 1.8 million, reflecting the importance of these accommodations in enhancing operational efficiency within the field. The extension is set to continue through mid-December 2025, ensuring that team members have a safe and comfortable living environment.
Prosafe’s Commitment to Excellence
Prosafe SE stands out in the industry as a prominent owner and operator of semi-submersible accommodation vessels. By ensuring top-notch facilities, the company emphasizes safety, comfort, and operational excellence, building a strong reputation in the market. Additionally, they are listed on the Oslo Stock Exchange under the ticker PRS, showcasing their commitment and public accountability.
Future Opportunities
With ten more weeks of options still available for Ithaca Energy, there lies significant potential for further collaboration between the two companies. This ongoing partnership highlights Prosafe's reliability in meeting the demands of the offshore oil industry, which is essential for both operational success and crew welfare.
Contact Information
For more insights or inquiries about the project, interested parties can reach out to:
Reese McNeel, CFO and interim CEO
Phone: +47 415 08 186
Frequently Asked Questions
What is the duration of the extension for Safe Caledonia?
The extension lasts for two weeks and may continue with additional weeks available for options.
What is the total value of the contract extension?
The contract extension has an approximate value of USD 1.8 million.
What company is operating the Safe Caledonia?
Prosafe SE is the company operating the Safe Caledonia, specializing in semi-submersible accommodation vessels.
Where is the Captain field located?
The Captain field is located in the UK sector of the North Sea, a significant area in offshore oil production.
How can I find more information about Prosafe SE?
For additional details about the company, you can visit their official website at www.prosafe.com.
About The Author
Contact Dominic Sanders privately here. Or send an email with ATTN: Dominic Sanders as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.