Prosafe Wins Contract Extensions for Three Accommodation Vessels

Prosafe and Elf Exploration UK Ltd have agreed an extension to the firm period for the provision of the Safe Bristolia accommodation support vessel at the Elgin-Franklin Facility in the British sector of the North Sea.
The duration or the firm extension period is 61 days commencing mid-October 2013. Total value of the firm extension period is approximately USD 15.9 million. In addition, Prosafe has granted Elf Exploration a 14-day option.
A/S Norske Shell has exercised the two-week option for Regalia at the Draugen Topside Campaign Project offshore Norway, extending operations until 10 November. Total value of the two-week option is approximately USD 5 million.
Cotemar group has confirmed that Safe Lancia has been awarded a contract extension until mid-October.

Prosafe, October 2, 2013