The Company is pleased to announce that the Group has been awarded three
contracts on the Norwegian continental shelf. One with start in June 2021 for
Vår Energi for a period of three months plus options thereafter as well as two
contracts with Equinor for execution in 2022. One for Breidablikk with a start
date in April 2022 for a period of four to six months and the second Equinor
contract for Johan Sverdrup Phase II, also start date around April 2022 for a
period of five to eight months. 
Vessels to be nominated. 

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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