Floatel International Secures Firm Contract for Floatel Endurance in the North Sea
Source: www.gulfoilandgas.com 3/13/2025, Location: Europe
The Company is pleased to announce that the previously communicated Letter of Intent (LOI) with an undisclosed North Sea client for Floatel Endurance has now been converted into a firm contract.
The assignment is with Aker BP at the Skarv field on the Norwegian Continental Shelf and covers a six-month period, with additional options. It is scheduled to commence in spring 2026.
This contract underscores our ongoing commitment to delivering high-quality offshore accommodation solutions in harsh environments.