Prosafe SE: Operational and financial update Q1 2020

Operational
The fleet utilisation rate in the first quarter of 2020 was 32.7 per cent (Q1 2019: 62.5 per cent). Prosafe refers to the press release from the March 2020 regarding discussions with clients about current and upcoming contracts in light of COVID-19 and the oil price collapse. These discussions are ongoing. Please see status and update per vessel below.
