Floatel International Ltd: Contract Award

The Company is pleased to announce that the Group has been awarded a contract in Australia by INPEX Operations Australia Pty Ltd for Floatel Triumph to provide accommodation and related services at the Ichthys field.

The charter will commence mid-2022 and will last for up to approximately two months. It is anticipated the work will involve some 40-55 Australian offshore positions in locally provided marine crew and catering services during the execution of the work.

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