Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Prosafe ( (GB:0J5Y) ) just unveiled an update.
Ithaca Energy (UK) Limited has exercised all remaining three weeks of options for Prosafe’s Safe Caledonia accommodation vessel, extending its use at the Captain field in the UK North Sea until 22 February 2026 in a deal worth about USD 2.73 million. The short-term extension underlines continued demand for offshore accommodation support in the region and adds incremental contracted revenue and utilisation for Prosafe’s fleet, supporting the company’s role as a key service provider to North Sea operators.
More about Prosafe
Prosafe is a leading owner and operator of semi-submersible accommodation vessels, serving offshore energy installations that require temporary living quarters and support services for personnel. The company is listed on the Oslo Stock Exchange under the ticker PRS, positioning it within the offshore services segment linked to North Sea and other offshore oil and gas activities.
Average Trading Volume: 1,368,767
Current Market Cap: NOK1.23B
Find detailed analytics on 0J5Y stock on TipRanks’ Stock Analysis page.