FilingReader Intelligence

Floatel secures new contract for Floatel Victory offshore Brazil

October 24, 2025 at 02:02 PM UTCBy FilingReader AI

Floatel International has secured a new Letter of Intent (LOI) for its Floatel Victory vessel, which will provide Maintenance and Safety Unit (MSU) services offshore Brazil. The assignment is scheduled to begin in autumn 2026 and will last for 6-7 months.

Floatel International, which has its principal place of business in Norway, operates a fleet of four semisubmersible accommodation units. These vessels, delivered between 2010 and 2016, are approved for operations in various sectors globally. The company's fleet, which includes Floatel Endurance and Floatel Superior, employs approximately 450 personnel globally. All flotels are equipped with dynamic positioning systems and offer accommodation capacities ranging from 440 to 560 beds.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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