Prosafe secures FPSO conversion candidate


Prosafe has entered into an agreement to purchase the M/T Takama. The vessel, a VLCC, has a dead weight of 266,286 DWT and was delivered in 1987 by MHI Nagasaki, Japan.
 
Prosafe observes a continued strong demand for FPSOs, and considers the vessel a suitable candidate for several identified projects.
 
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, 25 January 2008
Prosafe SE
 
 
For further information please contact:
 
Arne Austreid, President and CEO
Phone: +357 992 75 030
 
Bjørn Henriksen, Chief Operating Officer
Phone: +65 975 18 460
 
Karl Ronny Klungtvedt, Exec. VP and CFO
Phone: +357 246 21 982/+357 996 88 169