December 8, 2016 / 1:25 AM / in 8 days

BRIEF-Prosafe Provides Market Update On Ongoing Operations / Contracts

March 23 (Reuters) - Prosafe SE:

* REG-PROSAFE SE: MARKET UPDATE ON ONGOING OPERATIONS / CONTRACTS

* SAFE CONCORDIA: ON LOCATION AND DAYRATE, ALTHOUGH CLIENT PERSONNEL ARE DEMOBILIZED

* SAFE NOTOS: DISCONNECTED AND CLIENT PERSONNEL DEMOBILIZED. ON 95% STAND-BY DAYRATE

* SAFE CONCORDIA: ON LOCATION AND DAYRATE, ALTHOUGH CLIENT PERSONNEL ARE DEMOBILIZED

* SAFE EURUS: DISCONNECTED AND CLIENT PERSONNEL DEMOBILIZED. ON 95% STAND-BY DAYRATE

* VESSEL WAS READY TO MOBILIZE FROM AVERØY IN NORWAY TO SUPPORT THISTLE PROJECT FOR A 21-DAY FIRM PERIOD, BUT WAS INSTRUCTED BY CLIENT ON 20TH MARCH NOT TO MOBILIZE.

* PROSAFE WILL CLAIM FULL CONTRACT VALUE, CA. USD 2 MILLION.

* ENQUEST’S UPDATED WORKING ASSUMPTION IS NOT TO RE-START PRODUCTION AT HEATHER AND THISTLE/DEVERON FIELDS. Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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