Prosafe SE

Safe Boreas contract further extended at Mariner

Equinor UK Limited has exercised the second of six one-month options to extend the charter of the Safe Boreas. The total value of the option is USD 6 million.

In early August 2017, the Safe Boreas commenced a 13-month firm operational period at Mariner in the UK sector of the North Sea, which will now continue through to early November 2018.

Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is headquartered in Larnaca, Cyprus and listed on the Oslo Stock Exchange with ticker code PRS.

For more information, please refer to www.prosafe.com

Stavanger, 21 August 2018
Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO
Phone: [phone]

Stig Harry Christiansen, Deputy CEO and CFO
Phone: [phone]

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Source: Prosafe SE via Globenewswire