Prosafe (GB:0J5Y) has released an update.
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Prosafe has finalized a contract with Ithaca Energy to provide accommodation support at the Captain field in the UK sector of the North Sea, starting from June 2025 for a duration of 6 months, with the possibility of extending up to 3 additional months. The deal is valued between USD 26 million and USD 37 million, depending on the exercise of options. This contract signifies a tightening market and showcases Prosafe’s commitment to offering flexible solutions to their clients.
For further insights into GB:0J5Y stock, check out TipRanks’ Stock Analysis page.
