Brief: Prosafe Secures Contract On Norwegian Continental Shelf In 2022

Prosafe SE

26/10/2020 14:29

Oct 26 (Reuters) - Prosafe SE  POSF.OL :
    * REG-PROSAFE SE: PROSAFE SECURES A CONTRACT ON THE
NORWEGIAN
CONTINENTAL SHELF IN 2022
    * HAS BEEN AWARDED A CONTRACT BY CONOCOPHILLIPS SKANDINAVIA
AS
    * THE FIRM DURATION OF CONTRACT IS 90 DAYS, COMMENCING Q2
2022,
WITH AN OPTION OF UP TO 60 DAYS
    * CONTRACT HAS CANCELLATION CHARGES THAT APPLY IF TOMMELITEN
ALPHA
PLAN FOR DEVELOPMENT AND OPERATION (PDO) IS NOT APPROVED BY
NORWEGIAN AUTHORITIES.
    * TOTAL VALUE OF CONTRACT, EXCLUDING OPTION PERIOD, IS
APPROXIMATELY USD 13.6 MILLION

Source text for Eikon:  ID:nGNE7Zq90r 
Further company coverage:  POSF.OL 

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