Norwegian floating production player Prosafe Production this week accepted an increased takeover offer from rival BW Offshore, writes Beate Schjolberg. The enlarged group will ­become the world’s ...

OSLO, June 20 (Reuters) - Norwegian offshore driller Prosafe Production sold its 30.1 percent stake in peer Teekay Petrojarl to U.S.-listed shipping group Teekay Corp for $258 million. Prosafe ...

CNR International has awarded Prosafe Production a variation order for the upgrade of the FPSO Espoir Ivoirien in order to tie-in the new West Espoir Wellhead Tower on the Espoir field in the Ivory ...

Cyprus-based Prosafe Production has no bids outstanding in the floating production market, despite having a positive outlook on the sector. The company which reported a small increase in profits to ...

FPSO Umuroa has been delivered to Prosafe Production. Keppel Shipyard Ltd (Keppel Shipyard), a wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has been awarded two conversion ...

A drillstem test on a 27 m perforated interval flowed 620 b/d of 41°-gravity oil on a half-inch choke. Zaafarana Oil Co. has extended an operating contract for Prosafe ASA unit Prosafe Production's ...