Prosafe vessel Safe Scandinavia awarded a LOI for offshore Norwegian TSV operations
March 17, 2014
Offshore staff
LARNACA, Cyprus – Prosafe has been awarded a letter of intent (LOI) by an undisclosed oil major for the provision of the Safe Scandinavia semisubmersible accommodation vessel, which will be temporarily converted for tender support operations at a location on the Norwegian continental shelf.
The temporary conversion of theSafe Scandinavia into a tender support vessel (TSV) will begin 1Q 2015, and onsite operations are to begin June 2015, with a firm period of three years. In addition, Prosafe has granted four additional one-year options.
Total value of the firm contract period is $443 million, with options valued at $479 million.
03/17/2014
