Operational update - September 2024

18 October – Fleet utilisation for Q3 2024 was 57 per cent.  

In Q3 2024, Safe Concordia, Safe Notos and Safe Eurus all achieved 100% utilisation. Safe Zephyrus reached 99% utilisation.

Safe Caledonia is laid up at Scapa Flow, UK, and is scheduled for deployment to the Captain Field, UK, starting Q2 2025.

Safe Boreas is laid up in Norway pending relocation in Q2 2025 for a contract in Australia commencing earliest October 2025.

Safe Scandinavia is laid up in Norway.   

Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to https://www.prosafe.com

For further information, please contact:

Terje Askvig, CEO

Phone: +47 952 03 886

Reese McNeel, CFO

Phone: +47 415 08 186

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