Prosafe (GB:0J5Y) has released an update.
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Prosafe has received a Conditional Letter of Intent for their vessel, Safe Boreas, to support a 15-month project, with options for extension, off the coast of Western Australia. The contract is worth between USD 75 million to USD 100 million, depending on options, and will commence after maintenance and survey works in Q2 2025. Prosafe’s CEO highlighted the increasing demand for high-end offshore accommodation, marking this as an indicator of industry trends.
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