Equinor and Floatel International have agreed to extend the firm period for
Floatel Endurance at Martin Linge to end January 2021. Equinor have the option
to extend the charter further.

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

About Floatel
Floatel International owns and operates five semisubmersible accommodation
vessels, all vessels were delivered within the period 2010 to 2016. Floatel has
two bond issuances listed on Oslo ABM with ticker code FLOAT02 and FLOAT03. For
more information, please refer to http://www.floatel.bm

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