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Prosafe announces BG International contract award for Safe Bristolia in 2014 and 2015

Tuesday, Jan 22, 2013

Prosafe has been awarded a contract by BG International Limited for the provision of the Safe Bristolia accommodation support rig at the Everest Platform in the British sector of the North Sea. The two firm periods of the contract are 197 days in both 2014 and 2015, with on-site operations planned to commence during April 2014 and April 2015, respectively.

Total value of the contract for both firm periods is approximately USD 119.3 million.

Prosafe is the world's leading owner and operator of semi-submersible accommodation/service rigs. Operating profit reached USD 192.3 million in 2011. The company operates globally, employs 550 people and is headquartered in Larnaca, Cyprus. Prosafe is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com.

Source: Prosafe

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