Prosafe (GB:0J5Y) has released an update.
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Prosafe has confirmed the signing of a substantial contract, valued between USD 75 million to USD 100 million, for its Safe Boreas vessel to support a project off Western Australia. The vessel will mobilize from the North Sea and undergo maintenance before starting the 15-month contract, with options for extension. CEO Terje Askvig highlights the company’s track record of operational and safety performance as a cornerstone for securing the deal.
For further insights into GB:0J5Y stock, check out TipRanks’ Stock Analysis page.
