Core Viewpoint - Prosafe has received a Letter of Intent (LoI) from Ithaca Energy for the charter of the Safe Caledonia, indicating a strong partnership and future operational plans in the North Sea [1][2]. Group 1: Contract Details - The firm duration of the contract is set for 6 months, starting in Q2 2027, with an option for an additional 3 months [1]. - The expected value of the contract linked to the LoI ranges from approximately USD 30 million to USD 44 million, depending on the options exercised [1]. Group 2: Operational Background - The Safe Caledonia has been providing accommodation support at the Captain facility since June 2025, with an extension to early February 2026 [2]. - The LoI for operations in 2027 highlights the capabilities of the vessel and crew in the challenging North Sea environment [2].

Financial Performance - KNOT Offshore Partners LP generated total revenues of $87.1 million for Q2 2025 [1] - The company reported an operating income of $22.2 million and a net income of $6.8 million for the same period [1] - Adjusted EBITDA for Q2 2025 was $51.6 million [1] Liquidity Position - As of June 30, 2025, KNOT Offshore Partners LP had available liquidity of $104.8 million, which included cash and cash equivalents [1]