PRS - Prosafe acquires suezmax M/T Sky


Prosafe Production, a wholly owned subsidiary of Prosafe ASA, has acquired the suezmax M/T Sky for USD 8,3 million.

M/T Sky is built in 1977 and is currently trading in the oil spot market. The ship is a sister-vessel of White Sea, now FPSO Espoir Ivoirien, and Grey Warrior, which is under conversion to an FPSO for the Abo field, offshore Nigeria.

Prosafe is the world's leading owner and operator of semi-submersible accommodation and service rigs, the largest platform drilling contractor in Norway and a major owner and operator of floating production and storage vessels outside the North Sea. Operating revenues reached NOK 2,4 billion in 2001. The company employs approx. 1600 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.prosafecorp.com.


Tananger, 4 March 2002