Prosafe awarded LoI for five vessels

Prosafe has been awarded a letter of intent by Interpetroleum Services for five accommodation/service rigs: Safe Britannia, Safe Lancia, Safe Regency, Safe Hibernia and Jasminia.

Offshore Staff

LARNACA, Cyprus -- Prosafe has been awarded a letter of intent by Interpetroleum Services for five accommodation/service rigs: Safe Britannia, Safe Lancia, Safe Regency, Safe Hibernia and Jasminia. All rigs will continue to work on the Cantarell field for Pemex in Mexico.

The contracts have the following durations: five years forSafe Regency, four years for Safe Britannia, three years for Safe Hibernia, and one year for Safe Lancia and Jasminia. In addition, the contract for the Safe Concordia has been extended by six months against an unchanged day rate.

Total value of the bareboat contracts, including theSafe Concordia extension, is $392 million.

02/12/2008

More in Rigs/Vessels