Wednesday, 18 July 2018

Company Updates

Prosafe Signs Contract for Safe Scandinavia

Prosafe has signed a contract with Aker BP ASA for the Safe Scandinavia to provide accommodation support at the Ula platform in the Norwegian sector of the North Sea. The firm duration of the contract commencing mid-August 2018 is seven months with eight one-month options.

Prosafe LogoTotal value of the contract excluding the option periods is approximately USD 25.5 million. The option periods, if exercised, have a total value of approximately USD 36.7 million.

SafeScandinaviaThe contract will ensure employment of the Safe Scandinavia soon after expiry of her previous contract that concluded end-June 2018.

Jesper Kragh Andresen, CEO of Prosafe says: “Prosafe is very pleased with this contract, as it provides employment for the Safe Scandinavia for up to 15 months. We are also proud to again be chosen by Aker BP, this time to deliver first class safe and efficient accommodation services at the Ula platform.”

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Technology Systems Corporation
7897 SW Jack James Dr. Suite A
Stuart, FL 34997

Phone: +1 772.221.7720