The Norwegian Competition Authority has rejected the proposed mega-merger of accommodation vessel operators Prosafe and Floatel on the grounds that the merger would lead to increased prices through less competition. ...

Semi-submersible accommodation vessel owner Prosafe is laying up two more rigs due to cuts by Mexican oil company Pemex, meaning that all five of Prosafe’s rigs working off Mexico will...

  Semi-submersible accommodation vessel owner Prosafe says it has booked a $60 million contract for use of one of its newbuild vessels beginning in 2016. Prosafe says that the contract was...

Following up on their letter of intention this month, Prosafe has finalized contracts with COSCO (Qidong) Offshore Co. for the engineering, procurement and construction of two Gusto MSC Ocean 500...

Via Prosafe –  Prosafe has signed a contract with BP Exploration Operating Company Limited for the Safe Caledonia to provide accommodation support at the Eastern Trough Area Project (ETAP) in...

Jasminia, a semi-submersible accommodation vessel owned by Prosafe, will remain offshore Mexico under contract by Cotemar Group until the end of 2015 according to an emailed statement today from Prosafe....

Prosafe announced today that the Cotemar group, the Mexico-based offshore services provider, has extended its contract for the accommodation vessel Safe Lancia through to 15 December 2013 with unchanged day rates.

Sept. 26 (Bloomberg) — Prosafe SE, a supplier of floating accommodation units for the offshore oil and gas industry, rose the most on the Oslo stock exchange’s OBX index as...

(Bloomberg) — Prosafe SE fell the most in almost seven months in Oslo as a share sale equivalent to 5.7 percent of the company outweighed the effect of plans to...

Prosafe, a Cyprus-based owner and operator of semi-submersible accommodation vessels, announced today they have has been awarded a USD $137.5 million contract from Talisman Sinopec Energy UK Limited for the provision of...

Prosafe finalized a US$295.2 million contract today with Jurong Shipyard to build the second unit of a new generation harsh-environment accommodation semi-submersible destined for the Norwegian continental shelf.  This follows the...

Prosafe has been awarded a contract by Elf Exploration UK Ltd for the provision of the Safe Bristolia accommodation support rig at the Elgin-Franklin Facility in the British sector of...

Prosafe announced today they have signed a Letter of Intent for the construction of a semi-submersible accommodation rig at Jurong Shipyard Pte Ltd (JSPL) in Singapore. The rig, which is...

Norway-based accommodation rig operator Prosafe, announced today that they will be selling their jack-up hotel, the Safe Esbjerg, to a buyer in South East Asia. Total proceeds amount to USD...

Prosafe has been awarded a contract by an undisclosed client for the provision of the Safe Scandinavia accommodation support rig at a project in the British sector of the North...