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Prosafe SE (PRSEF) boosts full-year EBITDA outlook to $50-55 million on strong operational performance and a higher day rate for the Safe Notos.
(Figures in brackets refer to the corresponding period last year) 28 August 2026 – Prosafe SE reported EBITDA of USD 9.7 million (USD 3.1 million) for the second quarter and USD 24.5 million (USD 7.7 million) for the first half of the year. Four of the company’s five vessels generated revenue in the second quarter, with Safe Eurus and Safe Boreas on hire for the full period, while Safe Zephyrus and Safe Notos resumed operations after successfully completing five-year special periodic surveys (SP
Oslo, 20 August 2026 - Fleet utilisation for July 2026 was 80%. All operating vessels delivered near 100% commercial uptime in July, with Safe Eurus, Safe Notos, Safe Zephyrus and Safe Boreas operating at full capacity. Safe Caledonia remained in lay-up at Scapa Flow, UK, ahead of a firm 6-month contract, plus 3 months of options, with Ithaca Energy for accommodation support at the Captain field in the UK North Sea, starting in the second quarter of 2027. “The fleet continues to deliver strong p
14 August 2026 – Prosafe SE will release its second quarter and first half 2026 results on 28 August 2026. The presentation and the report will be available on both www.newsweb.no and Prosafe’s website, www.prosafe.com. Reese McNeel, CEO, and Halvdan Kielland, CFO, will on 28 August 2026 at 10:00 a.m. CEST host a webcast and Q&A, which can be followed at www.prosafe.com (http://www.prosafe.com). It will be possible to ask questions by using the Q&A tool embedded in the webcast. A replay of the w
20th July 2026 - Fleet utilisation for June 2026 was 80%. In Brazil, Safe Eurus, Safe Notos and Safe Zephyrus operated at full capacity, delivering near 100% commercial uptime. Safe Boreas operated at near 100% utilisation offshore Australia. Safe Caledonia remained in lay-up at Scapa Flow, UK. The vessel has a contract (6 months firm plus 3 months of options) with Ithaca Energy for accommodation support at the Captain field in the UK North Sea, starting in the second quarter of 2027. “Prosafe c
22 June 2026 - Fleet utilisation for May 2026 was 79%. In Brazil, Safe Eurus, Safe Notos and Safe Zephyrus operated at full capacity, delivering near 100% commercial uptime. Safe Boreas operated at near 100% utilisation offshore Australia. Safe Caledonia is in lay-up at Scapa Flow, UK. The vessel has a contract (6 months firm + 3 months of options) with Ithaca Energy for accommodation support at the Captain field in the UK North Sea, starting in the second quarter of 2027. “Prosafe continues to
20 May 2026 - Fleet utilisation for April 2026 was 55%. In Brazil, Safe Eurus continued to operate at full capacity in April, delivering 100% commercial uptime. Safe Zephyrus and Safe Notos both completed scheduled special periodic surveys (SPS), upgrade and maintenance work and returned to full operations. Safe Boreas operated at 100% utilisation following the start of gangway operations and the 15-month firm contract period on 3 April. Safe Caledonia is in lay-up at Scapa Flow, UK. The vessel
15 May 2026 - Reference is made to press release dated 18 December 2025 where Prosafe announced the award of a Letter of Intent from Ithaca Energy (UK) Limited. Prosafe now advises that the contract has been signed, and that the Safe Caledonia will provide accommodation support for Ithaca Energy at the Captain field in the UK sector of the North Sea for a firm period of 6 months commencing Q2 2027 with up to 3 months of options. The total value of the contract is approximately USD 30 million to
30 April 2026 - Prosafe SE today published the Annual report, Transparency act statement and Remuneration report for 2025. The Annual report includes the 2025 annual accounts, corporate governance report and sustainability report. The reports are attached and available on https://www.prosafe.com/investor-information/reports-results/ and on https://newsweb.oslobors.no/. Prosafe also published its annual financial statements in European Single Electronic Format (ESEF), which can be found on the we
21 April 2026 - Fleet utilisation for March 2026 was 42% and 79% in first quarter. In Brazil, Safe Eurus continued to operate at full capacity in March, delivering near 100 % commercial uptime. Early in March, Safe Zephyrus and Safe Notos both commenced scheduled special periodic surveys (SPS), upgrade and maintenance work. Safe Zephyrus resumed operations for Petrobras on 13 April, and Safe Notos is anticipated to resume operations in the coming days. Total cost for both projects is expected to
24 February 2026 - Fleet utilisation for January 2026 was 100%. In Brazil, Safe Eurus, Safe Notos, and Safe Zephyrus continued to operate at full capacity in January, delivering near 100 % commercial uptime. Safe Caledonia maintained 100% commercial uptime at the Captain Field in the UK. The vessel ended the contract for Ithaca Energy on 22 February 2026 following the exercise of all option periods. The vessel has a Letter of Intent (LoI) from Ithaca Energy for 6 months firm and 3 months of opti
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