Prosafe has signed a contract with Shell U.K. Limited (Shell) for the provision of the Regalia semi-submersible accommodation vessel at the Brent C platform in the UK sector of the North Sea, the company said in its press release.
The short duration contract commencing Q2 2016 will provide Dynamically Positioned (DP) gangway connection for the duration of the project. This contract award follows the Regalia recently completing a successful assignment for Shell at the Shearwater platform.
Total value of the contract is approximately USD 24 million.
Prosafe is the world's leading owner and operator of semi-submersible accommodation vessels. Operating profit reached USD 248.3 million in 2014 and net profit was USD 178.8 million. The company operates globally, employs 800 people and is headquartered in Larnaca, Cyprus.