March 14

Floatel International firms up vessel deal in Australia

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EuropeOffshore

Offshore accommodation vessel specialist Floatel International has secured work for one of its units.

The Oslo-based owner and operator of semisub flotels has fixed the 2016-built Floatel Triumph to a client in Western Australia, following a letter of intent announced earlier.

The contract will start in the fourth quarter of this year and last between three and five months, the company said in a filing on Friday. Financial terms have not been divulged.

The post Floatel International firms up vessel deal in Australia appeared first on Energy News Beat.

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