Prosafe Offshore AS, a subsidiary of Prosafe ASA, has won a 176 days contract with Ocean Oil Construction and Services Ltd for the use of
the semi-submersible service rig Safe Caledonia in the Gulf of Mexico. The
bareboat contract has a value of $6,4 mill. In addition, the contract includes compensation for leading Prosafe
personnel on board.
The new contract ends in early May 2002, and the rig will immediately thereafter be mobilized back to the
North Sea and commence the contract with Statoil on the Sleipner field on July 1, 2002.