Rig operator Prosafe has been awarded a contract by an undisclosed client for the provision of the Safe Scandinavia accommodation support rig at a project in the UK sector of the North Sea.
The firm period of the contract is 187 days, with on-site operations planned to commence in April 2013.
The total value of the contract for the firm period is approximately $58.1 million.
Headquartered in Larnaca, Cyprus, Prosafe is the world's leading owner and operator of semi-submersible accommodation/service rigs. The company reported operating profits of $192.3 million in 2011.
Prosafe operates globally and employs 550 people.