Prosafe has agreed with Equinor UK Limited to extend the Safe Boreas at the Mariner project in the UK sector of the North Sea by eight months from November 2018 until June 2019. In addition, Equinor has up to six months of options available.
Total value of the extension commencing early November 2018 is approximately USD 45 million.

Jesper Kragh Andresen, CEO of Prosafe says: “This contract extension demonstrates the good performance Prosafe and the Safe Boreas has achieved to support the Mariner hook up and commissioning project. The Safe Boreas with its large bed capacity and advanced station keeping will continue providing a high level of service throughout the remainder of the contract.”

About Prosafe

Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.

About Equinor

Equinor, is an international energy company with a proud history. Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, among the world’s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we’re building a global business on our values and the energy needs of the future.