Successful well intervention at Visund


Compared with the experiences of the first well intervention work at Statfjord, the efficiency of the service has been strongly improved. Prosafe has also identified a further potential for improvements.
 
Prosafe is very content with the development, and praises the efforts of MSV Regalia's crew and the partners that have contributed to a safe and successful operation.
 
MSV Regalia will be moved to the Åsgard field in the course of the day to continue the campaign.
 
Prosafe is the world's leading owner and operator of semi- submersible service rigs, a leading platform drilling contractor in the North Sea and a major owner and operator of floating production and storage vessels outside the North Sea. Operating revenues reached NOK 2.9 billion in 2002. The company employs approx. 1,800 people. Prosafe operates in the North Sea, South-East Asia, India, Egypt, West Africa and the Gulf of Mexico. The company is headquartered in Stavanger, Norway. Prosafe is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com.
 
Tananger, 4 November 2003