Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Insider Transactions
  • inderesTV
  • Portfolio
  • Forum
  • Premium
  • Femme
  • Learn
    • Investing School
    • Q&A
    • Analysis School
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Prosafe SE: Safe Caledonia awarded Letter of Intent

Prosafe

5th July 2024


Prosafe has been issued a Letter of Intent (LoI) from Ithaca Energy (UK) Limited for the charter of the Safe Caledonia to provide gangway connected accommodation support at the Captain field in the UK sector of the North Sea.  

The firm duration of the contract commencing June 2025 is 6 months with up to 3 months of options and final contract award is subject to meeting certain site specific technical criteria. The Safe Caledonia will undergo its five-yearly special periodic survey and other maintenance works prior to commencement of the contract. 

The value of the contract linked to the LoI is approximately USD 26 million to USD 37 million depending on options. 
 
Terje Askvig, CEO of Prosafe says: “The Safe Caledonia has provided consistently safe and reliable high quality accommodation support in the UK sector for many years, and we are very pleased to gain this LoI from a new client in Ithaca Energy. The reactivation and commitment of the Safe Caledonia reflects the continued tightening of the accommodation market in the North Sea and globally” 

 

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 https://www.prosafe.com   


For further information, please contact:   

Terje Askvig, CEO  

Phone: +47 95203886  

Reese McNeel, CFO  

Phone: +47 41508186  


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



 


Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.