Prosafe SE - Company Profile
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Prosafe SE (Prosafe) provides semi-submersible accommodation support service vessels to the oil and gas and offshore wind installation industries. The company's main activities include maintenance and modification of installations on fields already in production, as well as hook-up, commissioning of new fields, tiebacks to existing infrastructure, and decommissioning. Prosafe's major products and services consist of semi-submersible accommodation vessels and tender support vessels (TSV). The company offers its services primarily to energy companies, facilitating operations such as operating gangways connected to fixed installations, floating production, storage, and offloading units (FPSOs), tension-leg platforms (TLPs), semis, and spars. Prosafe operates in the North Sea, Brazil, Australia and the Gulf of America. Prosafe is headquartered in Stavanger, Norway.
Headquarters
Norway
Address
Forusparken 2, Stavanger, 4031
Website
www.prosafe.com
Telephone
47 51 642500
No of Employees
305
Industry
Energy and Utilities
Ticker Symbol & Exchange
PRS (OSL)
Revenue (2024)
$188.4M
34.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
405.1%
(2024 vs 2023)
Market Cap*
$222.3M
Net Profit Margin (2024)
XYZ
326.5%
(2024 vs 2023)
* As of and is in US$
Prosafe SE premium industry data and analytics
Products and Services
| Services |
|---|
| Tiebacks to Existing Infrastructure and Decommissioning |
| Leasing of Semi-Submersible Accommodation, Safety, and Support Vessel (ASVs) |
| Maintenance and Modification of Fields Already in Production |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In June, the company was awarded a four-year contract with Petrobras in Brazil commencing September 2026. |
| 2025 | Contracts/Agreements | In June, the company commenced operations at the Captain Field in the UK. |
| 2025 | Contracts/Agreements | In May, the company won the bidding process for a four year contract with Petroleo Brasileiro SA for the provision of the Safe Notos semi-submersible vessel. |
Competitor Comparison
| Key Parameters | Prosafe SE | Solstad Offshore ASA | Sea1 Offshore Inc | Eidesvik Offshore ASA | AKOFS Offshore AS |
|---|---|---|---|---|---|
| Headquarters | Norway | Norway | Norway | Norway | Norway |
| City | Stavanger | Skudeneshavn | Kristiansand | Bomlo | Oslo |
| State/Province | - | - | Nordland | - | Oslo |
| No. of Employees | 305 | 905 | 756 | 458 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Carey Lowe | Chairman | Executive Board | 2025 | 68 |
| Reese McNeel | Chief Executive Officer | Senior Management | 2025 | 49 |
| Halvdan Kielland | Chief Financial Officer | Senior Management | 2026 | 33 |
| Claudio Pereira | Chief Operating Officer | Senior Management | 2023 | 42 |
| Eirik Fjelde | Chief Information Officer | Senior Management | 2017 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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