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Home»Oil & Gas»Prosafe sees uptick in fleet utilization, underpinned by Brazil ops
Oil & Gas

Prosafe sees uptick in fleet utilization, underpinned by Brazil ops

July 18, 2025
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Prosafe Sees Fleet Activity Increase in June

Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has reported a boost in its fleet activity for June compared to the previous month.

During June 2025, Prosafe achieved a fleet utilization rate of 79%, marking a significant rise from the 60% recorded in May.

Prosafe highlighted that its assets operating in Brazil, namely Safe Eurus, Safe Notos, and Safe Zephyrus, operated at full capacity in June, maintaining a commercial uptime level between 99 and 100%.

Safe Notos, one of the vessels in Brazil, secured a four-year contract with Petrobras in May 2025, which was officially confirmed by the Brazilian company in mid-June.

Furthermore, the 1982-built Safe Caledonia commenced its contract with Ithaca Energy at the Captain Field in the UK in June. The vessel achieved a commercial uptime of 94% during the initial period and is expected to remain in the UK until December 2025, with a potential extension until March 2026.

In June, Safe Boreas was en route to Singapore for its upcoming project in Australia. The vessel is scheduled to undertake a contract with an undisclosed client from October 2025 to December 2026, with the option for an extension until June 2027.

See also  Gibdock Completes Renewal of TechnipFMC's Deepwater Pipelayer
Brazil fleet ops Prosafe Sees underpinned uptick Utilization
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