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Prosafe hereby provides the following update on ongoing operations / contracts in light of COVID-19 and the oil price crash; Safe Concordia: On location and dayrate, although client personnel are...
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Prosafe has been awarded a contract to provide accommodation in support of the redundant subsea tank removal and safe re-habitation of the Thistle Alpha platform in the UK North Sea. Jesper Kragh...
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Prosafe and Shell U.K. Limited have agreed to amend the original 1 June 2020 commencement date of the Safe Zephyrus at the Shearwater platform in the UK sector of the North Sea to 2 May 2020 by...
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Prosafe refers to the information on its financial status and process with lenders that was provided in the Q4 2019 report published on 6 February 2020, as well as previous update on lender...
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Reported EBITDA for the fourth quarter was negative by USD 6.4 million (a positive of USD 29 million, reflecting low activity and ongoing efforts to reposition the company. Cash flow from operations...
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Reference is made to press release dated 25 November 2019 in which Prosafe informed that the process with the Competition and Markets Authority (CMA) in the UK was in Phase 2 and that more specific...
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Prosafe SE will release its fourth quarter 2019 results on 6 February 2020 at approx. 07:00 a.m. CET. Jesper Kragh Andresen, CEO and Stig H. Christiansen, Deputy CEO & CFO will the same day at...
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The fleet utilisation rate in the fourth quarter of 2019 was 23 per cent (Q4 2018: 63 per cent). The fleet utilisation for the year was 50.9 per cent (2018: 47.3 per cent). Safe Caledonia is idle and...
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On 5 November 2019, Prosafe informed that it had re-evaluated its outlook and revised its forecasts resulting in a USD 341 million write down of assets and consequently a marginalized book equity. ...
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Prosafe SE and Floatel International Ltd have agreed to extend the long stop date in the share purchase agreement from 31 December 2019 until 30 June 2020. Competition clearance continues in Norway...