CONTRACT FOR MSV REGALIA AT MCP-01
Prosafe has been awarded a contract by Aker
Kværner
Offshore Partner AS for the provision of the MSV
Regalia accommodation and construction support rig
at the TOTAL E&P UK operated platform MCP-01 in
the
British sector of the North Sea. This contract
confirms the Letter Of Intent (LOI) which was
signed between Prosafe and Aker Kværner Offshore
Partners in March this year originally for a firm
period of seven months with an additional one
month
option.
The agreed contract calls for a firm utilisation
period of nine months and three weeks with an
additional three weeks option. The MSV Regalia
will
commence on-site operations in January 2008.
Total value of the contract excluding the option
period is about USD 63 million.
Prosafe is the world`s leading owner and operator
of semi-submersible service rigs and a major owner
and operator of floating production and storage
vessels. Operating profit reached USD 150 million
in 2006. The company operates globally and employs
approx. 1,400 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.
Larnaca, 27 December 2007
Prosafe SE
For further information please contact:
Arne Austreid, President and CEO
Phone no: +357 992 75 030
Karl Ronny Klungtvedt, Exec. Vice President and CFO
Phone no: +357 996 88 169
Robin Laird, President Offshore Support Services
Phone no: +65 6559 1980 / +65 8127 2101
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