Prosafe SE Announces Solid Fleet Performance and Future Plans
Positive Fleet Performance Update from Prosafe SE
In September, Prosafe SE announced its operational highlights for August, revealing a fleet utilization rate of 57%. This figure reflects the company's ongoing ability to optimize its asset deployment.
Impressive Utilization Rates Achieved
Notably, the accommodation vessels Safe Eurus and Safe Notos both achieved remarkable utilization rates of 99%, showcasing their efficiency and demand in the industry. Additionally, the Safe Zephyrus vessel reached an impressive 97% utilization rate.
Extension of Contract for Safe Concordia
The Safe Concordia has successfully extended its contract for an additional four months, maintaining a perfect 100% utilization throughout August. This success underscores Prosafe's strategic positioning in the market, bolstering its operational stability.
New Opportunities on the Horizon
Prosafe is setting its sights on the future with the solidification of contracts for the Safe Caledonia and the Safe Boreas. The Safe Caledonia is expected to commence operations in June 2025 at the Captain field, located in the UK sector, marking a significant milestone for the company. Moreover, Safe Boreas is scheduled to transition from the North Sea to Australia during the second quarter of 2025.
Current Status of Safe Scandinavia
Meanwhile, the Safe Scandinavia is currently laid up in Norway, reflecting the dynamic nature of the market and fleet management strategies that Prosafe employs.
About Prosafe SE
As a prominent owner and operator of semi-submersible accommodation vessels, Prosafe SE plays a crucial role in providing essential support services to the offshore oil and gas sector. The company is listed on the Oslo Stock Exchange with the ticker code PRS.
Contact Information
For further inquiries, interested parties can reach out to the executive team directly:
Terje Askvig, CEO
Phone: +47 952 03 886
Reese McNeel, CFO
Phone: +47 415 08 186
Frequently Asked Questions
What is the current utilization rate of Prosafe SE's fleet?
As of August, the overall fleet utilization rate was reported at 57%.
Which vessels achieved the highest utilization rates?
The Safe Eurus and Safe Notos reported 99% utilization, while the Safe Zephyrus reached 97%.
What are the upcoming operational plans for Safe Caledonia?
The Safe Caledonia is scheduled to begin operations at the Captain field in June 2025.
What is the status of Safe Scandinavia?
The Safe Scandinavia is currently laid up in Norway.
Who can I contact for more information about Prosafe SE?
You can reach out to Terje Askvig (CEO) at +47 952 03 886 or Reese McNeel (CFO) at +47 415 08 186.
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