Offshore accommodation provider Prosafe has forecast a tougher year ahead, compared to 2019, expecting a drop in flotel rig fleet utilization and day rates falling.
The company on Thursday reported a quarterly net loss of $13.3 million (compared to a loss of 35.7 million in Q4 2018).
The flotel provider said it would work on the strengthening of its position in Brazil, and re-entering the Mexico market.
Brazil Energy Insight 
Leave a comment