Prosafe and Total E&P UK Limited (Total) have agreed to defer the commencement date for the Safe Caledonia to provide accommodation support at the Elgin complex in the UK sector of the North Sea by one year.

The firm duration of the contract now commences around late Q1 2021 and remains as 162 days with one 30-day option. In addition, there will be a deferral fee payable by Total.

Jesper Kragh Andresen, CEO of Prosafe says: “This contract remains important for both Prosafe and Total, even as we face a time of unprecedented challenge.”

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 Total

Total is a major energy player, which produces and markets fuels, natural gas and low-carbon electricity. Our 100,000 employees are committed to better energy that is safer, more affordable, cleaner and accessible to as many people as possible. Active in more than 130 countries, our ambition is to become the responsible energy major.