Floatel International Ltd: Secures Contract Extension for Floatel Victory

Oslo March 26, 2025

Floatel International is pleased to announce that the contract for Floatel Victory to provide Maintenance and Safety Unit (MSU) support alongside the Peregrino Floating Production Storage and Offloading (FPSO) unit offshore Brazil has been extended through the end of 2025. All remaining options under the contract remain in place.

This extension highlights our strong track record of delivering high-quality offshore services at floating production units in demanding environments.

For further information, please contact:
Peter Jacobsson, CEO, +47 934 00 232
Tomas Hjelmstierna, CFO, +47 934 00 381
Tel: +47 46 50 01 33
Email: ir@floatel.no

This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.