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An announcement from Prosafe ( (GB:0J5Y) ) is now available.
Prosafe has emerged as the preferred bidder for a four-year contract with Petrobras to provide the Safe Notos vessel for offshore safety and maintenance support in Brazil. The contract, valued at approximately USD 204 million, highlights Prosafe’s strong market position and increasing charter rates in Brazil, reinforcing its partnership with Petrobras and its leadership in the UMS vessel market.
More about Prosafe
Prosafe operates in the offshore oil and gas industry, specializing in providing semi-submersible accommodation vessels for safety and maintenance support. The company focuses on delivering reliable and safe operations, primarily in harsh environments, and has a strong market presence in Brazil.
YTD Price Performance: 22.17%
Average Trading Volume: 20,850
Current Market Cap: NOK152.6M
For a thorough assessment of 0J5Y stock, go to TipRanks’ Stock Analysis page.