Prosafe Signs Contract Provide Safe Eurus in Brazil

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Prosafe Signs Contract Provide Safe Eurus in Brazil

Prosafe has signed a contract with Petrobras Netherlands B.V. (Petrobras) for the provision of the Safe Eurus semi-submersible vessel for safety and maintenance support offshore Brazil. The contract commencing Q1 2017 with a firm period commitment of three years will be the first for the Safe Eurus, a vessel designed and built to service the Brazilian market. Safe Eurus will be the second Prosafe vessel under charter to Petrobras.

The Safe Eurus, a technologically advanced and efficient Dynamically Positioned (DP3), harsh environment semi-submersible safety and maintenance support vessel, can accommodate up to 500 persons with extensive recreation facilities. In addition with a large capacity open deck area and telescopic gangway, the Safe Eurus will provide Petrobras with 300 tonne lift capability. Total value of the contract is approximately USD 164 million.

About Prosafe

Prosafe is the world’s leading owner and operator of semi-submersible accommodation vessels. Operating profit reached USD 248.3 million in 2014 and net profit was USD 178.8 million. The company operates globally, employs 800 people and is headquartered in Larnaca, Cyprus. Prosafe is listed on the Oslo Stock Exchange with ticker code PRS.

For more information, please visit: www.prosafe.com

Source and Link: Your Project News

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.