Prosafe CEO sees acquisition opportunities in fragmented market approaching upswing

The market for accommodation rigs is in a good position for a multiannual upturn within offshore oil and gas, says Prosafe Chief Executive Jesper K. Andresen in an interview with ShippingWatch. Right now, he is keeping an eye on rigs on the water which Prosafe could either ”operate or own.”

"It’s no secret that we would like some extra commodities on the shelves," says Jesper K. Andresen, CEO of Prosafe. | Photo: PR-FOTO

BY DANIEL LOGAN, TRANSLATED BY KRISTOFFER GRØNBÆK

The large so-called accommodation rigs for employees in the offshore sector are getting increasingly busy as major oil and gas companies are beginning to invest on the basis of high earnings.

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Prosafe books profit in busiest quarter in years
Offshore suppliers eye fresh orders as oil companies' profits soar
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Prosafe reports highest quarterly fleet utilization in seven years
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