Prosafe has been issued a letter of award, subject to final contract, to provide accommodation and construction support using the Safe Concordia in the US Gulf of Mexico.

The duration of the contract commencing Q2/Q3 2023 is approximately one year. The contract linked to the award has an approximate value of USD 33 million.

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

Stavanger, 22 September 2022
Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO
Phone: +47 51 65 24 30 / +47 907 65 155

Reese McNeel, CFO
Phone: +47 47 51 64 25 17 / +47 415 08 186

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.