Prosafe's board of directors has decided to begin evaluating the possible effects of splitting Prosafe into two focused, listed companies.
Offshore staff
LARNACA, Cyprus -- Prosafe's board of directors has decided to begin evaluating the possible effects of splitting Prosafe into two focused, listed companies.
The evaluation will address whether a split into a floating production company and an accommodation/service rig company would further enhance and visualize the values of its two business units. The evaluation also will investigate whether two focused companies can improve growth opportunities on a standalone basis.
Prosafe owns and operates semisubmersible service rigs and is an owner and operator of FPSOs.