Prosafe SE: Safe Zephyrus to support Thistle Tank Removal

Prosafe has been awarded a contract to provide accommodation in support of the
redundant subsea tank removal and safe re-habitation of the Thistle Alpha
platform in the UK North Sea.

Jesper Kragh Andresen, CEO of Prosafe says: "The mobilisation of the Safe
Zephyrus for this project shows the ability for operators to effectively use a
capable and versatile accommodation vessel to support offshore activities, even
if for a short period. Synergies with the existing contract commencing 1 May,
also in the UK sector, will allow for a seamless transition meaning it's a win-
win and Prosafe are extremely pleased to work with a new client."

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 more information, please refer to www.prosafe.com (http://www.prosafe.com)

Stavanger, 13 March 2020
Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO
Phone: +47 907 65 155

Stig Harry Christiansen, Deputy CEO and CFO
Phone: +47 478 07 813

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act