Floatel International Ltd: Contract Awards

The Company is pleased to announce that the Group has been awarded three contracts on the Norwegian continental shelf. One with start in June 2021 for Vår Energi for a period of three months plus options thereafter as well as two contracts with Equinor for execution in 2022. One for Breidablikk with a start date in April 2022 for a period of four to six months and the second Equinor contract for Johan Sverdrup Phase II, also start date around April 2022 for a period of five to eight months.
Vessels to be nominated.

For further information, please contact:

Peter Jacobsson, CEO, Floatel International AB
Tel: + 46 31 352 07 00; Mob: +46 76 856 36 18

Tomas Hjelmstierna, CFO, Floatel International AB
Tel: + 46 31 352 07 00; Mob: +46 70 261 09 01