Swedish accommodation platform operator Floatel has secured three contracts for operations on the Norwegian continental shelf.
One of the contracts was awarded by Var Energi for a period of three months plus options, while the other two contracts are with Equinor for operations at Breidablikk and John Sverdrup Phase 2 from April 2022 for a period of five to eight months. The vessels for the contracts have yet to be nominated.
Floatel International owns and operates five semi-submersible accommodation vessels.
Last week, the company sealed a collateral discharge agreement with lenders which it says will enhance its ability to sign and deliver new assignments as well as secure the future of the business.