BP Norge AS has exercised the first of two remaining one-month options, thereby extending Safe Scandinavia’s operations at Valhall until 30th November 2012.
The value of the exercised option is approximately USD 9 million.
Prosafe is the world’s leading owner and operator of semi-submersible accommodation/service rigs. Operating profit reached USD 192.3 million in 2011. The company operates globally, employs 550 people and is headquartered in Larnaca, Cyprus. Prosafe is listed on the Oslo Stock Exchange with ticker code PRS.
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Press Release, September 03, 2012; Image: Prosafe