Prosafe has signed a contract with BP Exploration Operating Company Limited (‘BP’) for the provision of the Safe Caledonia semi-submersible accommodation vessel at the Clair Ridge platform West of Shetland in the UK sector of the North Sea.
The five-month contract will commence end-May 2018 providing gangway connected operations to support hook up and commissioning activities.
Total value of the contract period is approximately USD 13.5 million.
About Prosafe
Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The Company is headquartered in Larnaca, Cyprus and listed on the Oslo Stock Exchange with ticker code PRS.
About BP
BP (NYSE:BP) is one of the world's largest oil and gas companies, serving millions of customers every day in more than 80 countries, and employing nearly 85,000 people. BP's business segments are oil and gas exploration & production, and refining & marketing. In alternative energies, BP has low- and no-carbon wind and biofuels businesses. Through these activities, BP provides fuel for transportation; energy for heat and light; services for motorists; and petrochemicals products for plastics, textiles and food packaging. It has strong positions in many of the world's hydrocarbons basins and strong market positions in key economies.