Prosafe SE: Safe Boreas awarded UK contract

Prosafe SE: Safe Boreas awarded UK contract

15 Jun 2022 18:07 CEST

A UK client has chartered the Safe Boreas to provide gangway connected
operations to support a platform shutdown in the UK North Sea.

The firm duration of the contract, starting September 2022, is 21 days with up
to 30 days of options. The value of the contract firm duration is USD 3.7
million.

Jesper Kragh Andresen, CEO of Prosafe says: "The Safe Boreas is presently
operational in the Norwegian sector and this contract will provide supplemental
utilisation in 2022. Furthermore, this commitment from the client demonstrates
the flexibility and value offered by the Safe Boreas for a relatively short
duration workscope."

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

Stavanger, 15 June 2022
Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO
Phone: +47 51 65 24 30 / +47 907 65 155

Robin Laird, Director of Investor and Lender Relations
Phone: +65 81 27 21 01

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

More information:
Access the news on Oslo Bors NewsWeb site

Source

Prosafe SE

Provider

Oslo Børs Newspoint