Converts letter of intent to firm contract for MSU Floatel Victory

Floatel International is pleased to announce that the letter of intent, announced on October 24, 2025, for Floatel Victory to provide Maintenance and Safety Unit (MSU) services offshore Brazil has been converted into a firm contract with Brava Energia S/A.

This MSU assignment has a duration of six months, with options to extend the contract. The scheduled commencement is in Q4 2026. The previous assignment will end in early Q3 2026 if the options are exercised, and the unit will undergo planned maintenance between the assignments.


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.