OldNick
00:19
27.11.2024
#33350
|
NOL: Prosafe SE - Operational update - Oct-2024
Børsmelding
19.11.2024
Fleet utilisation for Oct-2024 was 57%.
In October, all operating vessels - Safe Notos, Safe Eurus, Safe Zephyrus and Safe Concordia - achieved 100% utilisation.
Safe Caledonia has commenced reactivation activities in Scapa Flow, UK, and will mobilise to the Captain Field, UK, within Jun-2025.
Safe Boreas is laid up in Norway pending relocation in Q2-2025 for a contract in Australia commencing earliest October 2025. The first milestone of the reactivation has been successfully completed with the removal of six thrusters in preparation for overhaul.
Safe Scandinavia is laid up in Norway.
Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS.
For further information, please contact:
Terje Askvig, CEO, tel. +47 9520 3886
Reese McNeel, CFO, tel. +47 4150 8186 |
OldNick
14:38
09.01.2025
#33802
|
PRS: Prosafe SE - Operational update - Nov-2024
Børsmelding
19.12.2024
Fleet utilisation for Nov-2024 was 57%.
In November, all operating vessels - Safe Notos, Safe Eurus, Safe Zephyrus and Safe Concordia - achieved 100% utilisation.
Safe Zephyrus extension into Q3-2027 expected with Petrobras.
Safe Caledonia has commenced reactivation activities in Scapa Flow, UK, and will mobilise to the Captain Field, UK, within June 2025.
Safe Boreas is laid up in Norway pending relocation in Q2-2025 for a contract in Australia commencing earliest Oct-2025. The reactivation process is ongoing.
Safe Scandinavia is laid up in Norway.
For further information, please contact:
Terje Askvig, CEO, tel. +47 9520 3886
Reese McNeel, CFO, tel. +47 4150 8186
______
PRS: Prosafe SE - Safe Zephyrus contract extension with Petrobras
Børsmelding
09.01.2025
Prosafe has signed a contract extension with Petróleo Brasileiro S.A. ('Petrobras') for the provision of the Safe Zephyrus semi-submersible vessel for safety and maintenance support offshore Brazil.
The original 650-day firm period was due to complete in Feb-2025, but has been extended by 954 days resulting in operations into Sep-2027 with an increase in the fuel allowance from 20m(3) to 25m(3) per day through the extension.
Total value of the contract extension is approximately USD 109.7 million.
Terje Askvig, CEO of Prosafe says:?"The Safe Zephyrus has been performing extremely well for Petrobras, serving its role supporting safety and maintenance within the important Buzios business unit offshore Brazil. This significant extension emphasises the continued and increasing demand for high specification units in the region where Prosafe is well placed to increase its market share." |
gorwell
16:53
09.01.2025
#32455
|
Opp 63.5% på nyheten. Takket være gjeld som skal refinansieres i 2025, det er sannsynligvis en short-anledning for den som kan få lånt inn aksjer.
gorwell |
OldNick
16:19
20.01.2025
#33889
|
PRS: Prosafe SE - Operational update, december 2024
Børsmelding
20.01.2025
Fleet utilisation for Q4-2024 was 57%.
All operating vessels - Safe Notos, Safe Eurus, Safe Zephyrus and Safe Concordia - achieved 100% utilisation during this period.
Safe Zephyrus contract extension with Petrobras has recently been formalised, adding 954 days to the original 650-day firm period and extending operations through September 2027.
Safe Caledonia has commenced reactivation activities in Scapa Flow, UK, and will mobilise to the Captain Field, UK, within June 2025.
Safe Boreas is in Norway preparing for relocation in Q2-2025 for a contract in Australia commencing earliest October 2025.
Safe Scandinavia is laid up in Norway.
For further information, please contact:
Terje Askvig, CEO, tel. +47 9520 3886
Reese McNeel, CFO, tel. +47 4150 8186 |
OldNick
17:22
31.01.2025
#34017
|
Prosafe SE kom med sitt Q4-resultat i ettermiddag, etter børsstengning.
PRS: Prosafe SE - Fourth-quarter results 2024
Børsmelding
31.01.2025
(Figures in brackets refer to the corresponding period last year)
Prosafe SE reported EBITDA of USD 4.9 million (negative USD 2.7 million) for Q4-2024. The company had four active vessels during the quarter.
Operations and HSSE
- Good operating and safety performance on all vessels
-- 57% utilisation (50%), four out of seven vessels operating during the quarter
-- 100% utilisation on the operating fleet in Brazil and US Gulf of Mexico
- Strong commercial performance during 2024 with 44% increase in backlog from prior year
-- Backlog of USD 370 million (USD 238 million)
-- Safe Zephyrus extension to Q3-2027 finalised, adding USD 109 million to backlog
-- Contracts for Safe Boreas and Safe Caledonia plus Safe Concordia contract extension
Q4-2024 financials
- Revenues of USD 37.0 million (USD 29.6 million) and EBITDA of USD 4.9 million (negative USD 2.7 million)
- Cash flow from operations of nil (USD 3.8 million) due to Safe Boreas and Safe Caledonia SPS/reactivation
- Capex of USD 8.0 million (USD 4.8 million)
- Liquidity position of USD 46.8 million with expected runway to mid-2025, compared to USD 63.5 million at end Q3 2024 and USD 74.6 million at year-end 2023
- Refinancing expected to complete H1 2025, likely to include equity component in form of debt for equity conversion and/or equity injection as part of the overall structure
Market and outlook
- Brazil market strengthening with new tenders for up to 6 units
- North Sea operators continue to plan for future campaigns
- Increased backlog and improved outlook create a platform to strengthen liquidity and achieve a sustainable capital structure
See Q4-presentation for further details
Terje Askvig, the CEO of Prosafe, says, "The global accommodation market continues to strengthen led by growing demand in Brazil, in line with expectations. The new long-term Petrobras tenders may absorb further capacity from outside Brazil on top of units already in the country. Prosafe stands to benefit as the market leader in Brazil. Improved market fundamentals, increased backlog and high operational efficiency support our expectations of future earnings growth and provide a robust foundation for establishing sustainable capital structure prior to 2025 maturity."
Presentation
Terje Askvig, CEO, and Reese McNeel, CFO, will present the results at Pareto Securities, located at Dronning Mauds gate 3, 0115 Oslo, on 03.02.2025 at 10:00 CET.
This presentation is open to the public and will be live-streamed on Prosafe's website: https://wwww.prosafe.com
It will be possible to ask questions during the presentation by using the Q&A tool embedded in the audiocast. These questions will be answered after the presentation.
A replay of the audiocast will be made available on Prosafe's website shortly after.
The 2024 annual report will be published 30.04.2024.
For further information, please contact:
Terje Askvig, CEO, tel. +47 9520 3886
Reese McNeel, CFO, tel. +47 4150 8186
PRS: Q4-2024 Report (PDF)
PRS: Q4-2024 Presentation (PDF)
PRS: Q4-2024 Earnings tables (.xlsx)
PRS: Q4-2024 Conference call webcast
PRS: Investor relations |
highlander
03:42
06.02.2025
#49551
|
ABG Sundal Collier gjentar sin hold-anbefaling på Prosafe i en analyseoppdatering etter fjerdekvartalsrapporten, jf. OldNick #34017.
Imidlertid kutter meglerhuset kraftig i kursmålet, fra 16 til 9,5 kroner.
Drevet av høyere kostnadsforventninger nedjusterer meglerhuset sitt ebitda-estimat for 2025 med 15 prosent til 10 millioner dollar.
Markedsutsiktene har den seneste tiden bedret seg etter at Petrobas har utlyst anbud for inntil tre ekstra floteller til Brasil, med mulig tildeling i løpet av andre kvartal, noterer meglerhuset.
Fokuset i Prosafe forblir imidlertid rundt refinansieringen, som selskapet forventer å fullføre i første halvår 2025.
"Strukturen på refinansieringen vil være den avgjørende faktoren for den pågående egenkapitalsituasjonen", skriver ABG Sundal Collier ifølge TDN. |
gorwell
16:05
14.02.2025
#32707
|
Og da er kursen i PRS på 7.30, halvparten av pålydende €1.25.
Ikke lenge nå, til pålydende må skrives ned slik at det kan begås litt "rettet emisjon" mot the usual suspects for å redusere litt på gjelden. Skal vi tippe halvering av pålydende for å emisjonere €250 mill slik at det vil trykkes opp 400-500 mill nye aksjer?
gorwell |
gorwell
09:51
14.03.2025
#32983
|
https://live.euronext.com/en/product/equities/NO0010861990-XOSL
RESERVED - ACTION BY MARKET OPERATIONS
Basert på samfulle 50 aksjer omsatt på 7.71 for en samlet omsetning på 386 kroner. Og da er handelen igang igjen, på siste kurs 7.20. Ned fra en oppgang på 3.8%, til et kursfall på 3.9%.
Herrejemini for no' tøv.
Update: Og der var den RESERVED - ACTION BY MARKET OPERATIONS igjen.
/
Gammalt nytt:
https://newsweb.oslobors.no/message/639087
18 February 2025 - Prosafe SE, through a wholly owned subsidiary, has entered into an agreement to sell to an undisclosed party its 2005-built accommodation, safety and support semi-submersible vessel Safe Concordia, for a gross price of USD 5 million before commissions and expenses. The vessel is expected to be delivered to its new owner upon completion of her current charter obligations, within a window of March through June 2025. The sale of the vessel is subject to customary closing conditions and requirements.
Egnet som konverterings-prosjekt for BWO for å plasseres som strøm-generator for BWE?
Fourth quarter and full year 2023 Presentation
BW Energy
https://www.bwenergy.no › bwe-quarterly-reports
28. feb. 2024 — • Progress Kudu gas-to-power project. Corporate. • BW Group ownership increased to 74.4%. • Fund investments through strong operational cash ...
gorwell
Endret 10:00 14.03.2025 av gorwell |
gorwell
11:57
24.04.2025
#33075
|
https://live.euronext.com/en/product/equities/NO0010861990-XOSL
Collar bearch igjen basert på
https://newsweb.oslobors.no/message/644233
Prosafe SE ("Prosafe" or the "Company") is pleased to announce that it has agreed the terms of a recapitalisation (the "Transaction") with lenders representing the Company's USD 250 million loan facility and its USD 93 million loan facility (the "Existing Facilities"), subject to final approvals being obtained by all lenders. The Transaction is also supported by shareholders representing 54% of the shares in the Company.
The Transaction involves the equitisation of USD 193 million of the Existing Facilities in return for 90% of the shares in Prosafe post Transaction. Existing shareholders will initially hold 5% of the shares in the Company and will be offered an additional 5% of shares in the form of penny warrants (at EUR 0.01 per share).
Uten å gå dypt inn i detaljene, det ser ut som 90% utvanning og dermed at aksjekapitalen skal prises til 1010 mill, NIBD på approximately USD 220 million og dermed en EV på ~3,300 mill.
EV pris 18.50 per aksje. Aksjekapitalen prises dermed til ~5.65 per aksje. Som også er dagens kurs eller handels-oppstart etter collar breach pausen.
Er selskapet verdt ~3,300 mill = $315 mill? Ettersom hardwaren på gjeldfri basis sikkert kan være på det nivået, slett ikke umulig. Men om ikke aksjekursen skal fortsette å blø, får de se å vise profitt godt i overkant av 80 mill eller $8 mill.
gorwell |
gorwell
16:04
07.05.2025
#33190
|
https://newsweb.oslobors.no/message/645445
OSLO -- May 6, 2025 -- Dolphin Drilling AS (Dolphin Drilling AS, OSE: DDRIL):
Dolphin Drilling AS announces that board member Paul James Marchand has informed the company that he resigns from his position as a member of the board of directors, with immediate effect. The board wishes to thank Mr. Marchand for his efforts to the Company during his term on the board.
Paul James Marchand er a Managing Director at Strategic Value Partners (Private Equity)
gorwell |
gorwell
13:19
12.05.2025
#33209
|
https://newsweb.oslobors.no/message/645970
Prosafe has been declared the winner of a bidding process for a four-year contract by Petróleo Brasileiro SA ('Petrobras') for the provision of the Safe Notos semi-submersible vessel
A contract, if awarded, has a firm period commitment of four years with the operational commencement in September 2026 closely following on from the expiry of the current Safe Notos contract that commenced in Q3 2022.
Total value of the contract is approximately USD 204 million.
$140,000 potensiell dagrate var ikke mye å hoppe i taket for.
gorwell |
gorwell
10:49
21.05.2025
#33252
|
https://newsweb.oslobors.no/message/646980
21 May 2025 - Prosafe SE reported EBITDA of USD 4.6 million (USD 7.2 million) for the first quarter of 2025. The company had four active vessels during the quarter.
Q1 financials
Revenues of USD 33 million (USD 34 million) and EBITDA of USD 4.6 million (USD 7.2 million)
Capex of USD 21.2 million (USD 1.7 million) due to reactivation of Safe Boreas and Safe Caledonia
Recapitalisation
Terms agreed for equitisation of USD 193 million of debt for 90% of the shares in the company
Kvartalsrapporten:
https://api3.oslo.oslobors.no/v1/newsreader/attachment?messageId=646980&attachmentId=305114
Profit before taxes: (14.7)
/
Taper fortsatt penger. Ja, her skal de slite for å forsvare en MC på $315 mil, for ikke å si sin egen eksistens.
gorwell
Endret 11:00 21.05.2025 av gorwell |
gorwell
13:59
18.06.2025
#33371
|
https://newsweb.oslobors.no/message/649473
18 June 2025 - Reference is made to the press release dated 12 May 2025, Prosafe has now been informed that Petróleo Brasileiro SA ('Petrobras') have ratified the result of the bidding process for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil. As a result, the contract with a total value of approximately USD 204 million and four year duration commencing in September 2026 will be entered into without delay.
Og da var $140k kontrakten awarded
gorwell |
gorwell
13:40
08.07.2025
#33470
|
https://newsweb.oslobors.no/message/650881
Prosafe SE: Share capital decrease completed
8 July 2025 - Reference is made to the stock exchange announcement made by Prosafe SE (the "Company") on 16 May 2025 regarding the extraordinary general meeting's resolution to decrease the share capital of the Company by EUR 22,157,127.24, from EUR 22,335,813.75 to EUR 178,686.51, through a decrease of the nominal value of each share in the Company by EUR 1.24, from EUR 1.25 to EUR 0.01.
Så er pålydende lavere enn aksjekurs, og en "rettet emisjon" er gjennomførbar. Eksempelvis for å opp-kapitalisere selskapet til EUR 179 mill (minst). Dividert på 2.50-5.00 kroner per aksje, skulle gi sånn 400-900 mill nye aksjer.
Og en utvanning av eksisterende aksjonærer til 2-4% av aksjekapitalen.
gorwell |
gorwell
14:05
21.07.2025
#33548
|
MC ifølge Euronext er 100.8 mill, basert på 17,868,651 aksjer @ kr. 5.64.
https://newsweb.oslobors.no/message/651556
The Company's new registered share capital is EUR 3,395,043.69 divided into 339,504,369 shares, each with a nominal value of EUR 0.01.
Og da har vi at MC er 1915 mill. Nå har selskapets verdi, ifm rettet emisjon, neppe steget med mer enn 1 eurocent per aksje. Så aksjekursen burde stå i 100.8 mill dividert på 339.5 mill aksjer tillagt 12-13 øre per oppkapitaliserte eurocent?
Jeg får en fornuftig aksjekurs på 42 øre.
gorwell |
gorwell
11:51
25.08.2025
#33763
|
https://live.euronext.com/en/product/equities/NO0010861990-XOSL
MC på 1492 mill.
PAT burde ligget på 1:10 dvs på ~140-160 mill eller 35-40 mill i kvartalet.
/
https://newsweb.oslobors.no/message/653688
Reference is made to the stock exchange announcement made by Prosafe SE ("Prosafe" or the "Company") on 11 August 2025 regarding commencement of the exercise period (the "Exercise Period") for an offering of up to 17,868,651 warrants (the "Warrants") (the "Warrants Offering").
The Exercise Period will end today, 25 August 2025, at 16:30 (CEST).
Idet det kan ses ut til at "noen" gikk short og/eller solgte ned aksjen underveis, tro om mange aksjer, kjøpt for 10 øre stykket, vil legges ut straks de kommer på konto?
Når disse aksjene blir mulige å selge, får jeg visst følge med på bevegelsene hos Top 20.
https://www.prosafe.com/investor-information/shareholder-information/largest-stakeholders/
Siste oppdatering 01 August 2025. Mange av "the usual suspects" er utvannet eller ute.
gorwell
Endret 11:57 25.08.2025 av gorwell |
gorwell
16:34
22.09.2025
#33935
|
https://newsweb.oslobors.no/message/655834
22 September 2025 - Fleet utilisation for August 2025 was 80%. In Brazil, Safe Eurus, Safe Notos, and Safe Zephyrus operated at full capacity in August, exceeding 99% commercial uptime. Safe Caledonia maintained 100% commercial uptime at the Captain Field in the UK.
Safe Boreas is in the Singapore region in preparation for her upcoming contract in Australia with start-up window from 16 November to 15 December 2025. From 1 September, Safe Boreas is receiving a standby rate.
Skal selskapet endelig kunne gå med overskudd? Hvor skal vi sette EV?
gorwell |
gorwell
11:37
10.10.2025
#34036
|
"Voldsom" oppgang i handelsvolum for noen dager siden, vi kan ha sett èn (-1-) aksjonær gi opp og dumpe sine aksjer. Under 3 kroner 7/10, deretter pittelitt opp for å avslutte på indraday low på "høyt" volum.
09/10/2025 3.415 3.415 3.165 3.185 734,865
08/10/2025 3.195 3.355 3.14 3.14 2,034,558
07/10/2025 3.30 3.30 2.985 3.15 3,962,890
06/10/2025 3.36 3.42 3.185 3.22 1,252,436
03/10/2025 3.45 3.585 3.33 3.345 747,224
Kan ha sett en washout her på dobbeltbunn (spekuleres på det hos Hoffnarr Offline). Kursene og momentum er likevel negative. Også på Hoffnarr, det beskrives at Prosafe ennå skulle ha avtale med COSCO om Agreement on extension of the delivery for Safe Nova and Safe Vega
https://www.prosafe.com/agreement-on-extension-of-the-delivery-for-safe-nova-and-safe-vega/
As part of entering into a Global Agreement (Deed) with COSCO Shipping (Qidong) Offshore Co. Ltd which forms part of the recently completed financial restructuring, Prosafe and Cosco have agreed extended delivery flexibility relating to the Safe Nova and Safe Vega under the agreement entered into and announced in August 2018 (www.prosafe.com).
It remains the intention that Prosafe will take the vessels to the market once contract opportunities materialise with the Brazil market being the most likely given the expected next round of tenders. In the meantime, Prosafe is marketing the vessels globally, although have no financial obligations until delivery of the vessels.
/
Ingen utløpsfrist? Såvidt gorwell oppfatter, Prosafe vil kunne overta riggene om de kommer først til mølla. Dvs den som tror at Prosafe har sikret riggene, tar voldsomt feil. For, ifølge den logiske forståelsen av denne uforpliktende teksten, kan hvem som helst kan stille hos COSCO med en bunke dollars, og komme Prosafe i forkjøpet.
Den forpliktende avtalen med COSCO utløp i 2023, 5 år etter inngåelse i 2018.
Stor forsiktighet tilrådes.
gorwell
Endret 11:44 10.10.2025 av gorwell |
gorwell
17:35
14.01.2026
#34532
|
Oppdatert shareholders liste 2/1/2026.
https://www.prosafe.com/investor-information/shareholder-information/largest-shareholders/
Størst endringer siden refi, The Bank of New York Mellon (samlet) har solgt 20.7 mill aksjer, DNB 17.1 mill aksjer, Goldman Sachs International 5 mill aksjer, Citigroup 3.5 mill aksjer.
Nordnet (samlet) har kjøpt 11.7 mill aksjer, SEB 7.1 mill aksjer, Kemp 3.9 mill aksjer. De 20 største i dag (ikke hensyntatt de av tidligere "20 største" som er ute av lista), har redusert med 17.2 mill aksjer
Konklusjon: Proffene right-size'er sitt aksjeinnehav, amatøra kjøper. Stor forsiktighet tilrådes fortsatt.
gorwell
Endret 17:36 14.01.2026 av gorwell |
gorwell
09:58
07.04.2026
#34997
|
[Beklager! Nye innlegg er bare tilgjengelig for abonnenter! Allerede registrert? Logg inn eller Gå til registrering og kjøp abonnement!] |
gorwell
11:36
23.04.2026
#35069
|
[Beklager! Nye innlegg er bare tilgjengelig for abonnenter! Allerede registrert? Logg inn eller Gå til registrering og kjøp abonnement!] |
gorwell
13:40
06.05.2026
#35113
|
[Beklager! Nye innlegg er bare tilgjengelig for abonnenter! Allerede registrert? Logg inn eller Gå til registrering og kjøp abonnement!] |
gorwell
11:35
12.05.2026
#35136
|
[Beklager! Nye innlegg er bare tilgjengelig for abonnenter! Allerede registrert? Logg inn eller Gå til registrering og kjøp abonnement!] |
gorwell
10:27
15.05.2026
#35146
|
[Beklager! Nye innlegg er bare tilgjengelig for abonnenter! Allerede registrert? Logg inn eller Gå til registrering og kjøp abonnement!] |
gorwell
17:43
02.06.2026
#35250
|
[Beklager! Nye innlegg er bare tilgjengelig for abonnenter! Allerede registrert? Logg inn eller Gå til registrering og kjøp abonnement!] |