Prosafe gives fleet status

Prosafe has updated its fleet status.

Offshore staff

LARNACA, Cyprus -- Prosafe has updated its fleet status. Seven of the company's rigs have been bareboat chartered to Interpetroleum Services, operating for Pemex offshore Mexico. Safe Bristolia started a one-year contract in Mexico in mid-March, and Safe Concordia started a 240-day contract in early May. The other five rigs have firm contracts as follows: Jasminia until December 2010, Safe Hibernia until May 2011, Safe Lancia until January 2010, Safe Regency until August 2013, and Safe Britannia until January 2013.

Safe Esbjerg is in operation for Mærsk Oil & Gas in the Danish North Sea until June 2011.

Safe Scandinavia will continue its operation at the Valhall field for BP Norge until the beginning of June. In June and July, it will be out of operation for six to seven weeks to allow for mobilization and a five-week yard stay before beginning a 65-day contract for Shell in the UK North Sea towards the end of July.

Safe Caledonia is operating on a long-term contract for Total in the UK North Sea until September 2010.

MSV Regalia is at the Keppel Verolme yard in Rotterdam for major refurbishment. In June it will take over Safe Scandinavia's contract for BP Norge at the Valhall field. This contract has a firm duration until December 2010 with an option period of six months.

Safe Astoria is in layup at the Kemaman yard in Malaysia, after the client terminated the vessel's contract. Prosafe recently received a letter of award from Shell for the use of the accommodation rig offshore the Philippines for 212 days, beginning early November.

05/15/2009

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