Floatel International News


Prosafe to Appeal Westcon Rig Dispute Ruling

May 12, 2021

Offshore accommodation provider Prosafe has decided to appeal an April 15 ruling by a court in Norway, ordering it to pay 465 million Norwegian crowns to shipyard Westcon for conversion work on one of its floatels, overturning a 2018 ruling in favor of Prosafe…

'Floatel Endurance' Gets Extended Stay at Equinor's Martin Linge Field

Mar 30, 2021

Floatel, a provider of offshore accommodation rigs for the international offshore energy industry, has secured a contract extension for its Floatel Endurance semi-submersible unit in Norway.Floatel, which last week announced it had successfully…

Offshore Accommodation Firm Floatel Completes Debt Restructuring

Mar 25, 2021

Floatel International, a company providing offshore accommodation rigs for the oil and gas industry, said Wednesday it had successfully completed its comprehensive balance sheet restructuring.The company said it had secured a fully consensual deal among all key stakeholders…

Vår Energi, Equinor Hire Floatel's Offshore Accommodation Rigs

Jan 11, 2021

Offshore accommodation company Floatel International said Sunday it had won three contracts in Norway. The company, which owns a fleet of semi-submersible flotels, said the contracts were with Vår Energi and Equinor.With Vår Energi, the contract is expected to start in June 2021…

ConocoPhillips Hires Prosafe Flotel for 2022 Work in Norway

Oct 26, 2020

Offshore accommodation rig provider Prosafe said Monday it has won a contract to supply one of its flotels for work with ConocoPhillips in Norway.Prosafe, which has this year seen its fleet utilization decimated due to the pandemic, said ConocoPhillips'…

Floatel Sees No Improvement in Offshore Accommodation Market Before 2022

Aug 25, 2020

Cash strapped offshore accommodation provider Floatel expects a prolonged downturn in the offshore accommodation market, with no significant improvements expected before 2022.The company, which operates five semi-submersible accommodation rigs…

Bluestream Nets Inspection Gig at Gemini Offshore Wind Farm

Jul 24, 2020

Dutch offshore and subsea services firm Bluestream has won more work at the Gemini offshore wind farm in the Netherlands.In a social media post on Thursday, Blueastream said it has won a contract for the inspection of above water support structures on the Gemini wind farm off the Dutch coast…

UK Gov't Urged to Exempt All Offshore Workers from Quarantine Restrictions

Jun 11, 2020

A group comprising five offshore energy industry associations has called for the UK Government to exempt all offshore energy sector workers from the 14-day quarantine restrictions introduced on June 8.The group that calls itself the global Offshore Industry Group…

Floatel Endurance Extends Martin Linge Stay

Apr 29, 2020

Offshore accommodation specialist Floatel has secured a contract extension for its Floatel Endurance accommodation rig in Norway.The extension is with the Norwegian oil firm Equinor for work at the Martin Linge field, where Equinor is working to bring the field in production…

Floatel's Rig Charter with Ineos Delayed till 2021

Apr 23, 2020

Offshore accommodation rig provider Floatel International has seen its contract with Ineos FPS delayed.Floatel said Thursday that the two companies have agreed to postpone the charter for the Floatel Victory accommodation unit at the Unity platform in the UK North Sea to April 2021…

40th Anniversary of Norway's Worst Offshore Disaster

Mar 30, 2020

It was March 27th, 1980. The Alexander Kielland offshore accommodation unit was linked to the Edda platform in the Ekofisk area of the North Sea, offshore Norway.Workers aboard were weather-bound to the floatel, because of the fog, and then the storm began to blow up…

Coronavirus Case Forces Equinor to Pause Martin Linge Project

Mar 13, 2020

Norwegian oil company Equinor has halted work at the Martin Linge offshore development project after one of its employees tested positive for the coronavirus earlier this week, the company said on Friday.It was too early to tell whether the Martin Linge field…

Offshore Oil Rig Infection Exposes Coronavirus Dangers

Mar 12, 2020

Equinor reported the oil industry's first coronavirus infection on an offshore installation on Wednesday, highlighting the challenge in preventing contamination for thousands of workers living in the close quarters on rigs and platforms.A worker…

Investigation Launched After Gangway Disconnects from Floatel Endurance

Mar 05, 2020

The Norwegian authorities have launched an investigation after the gangway aboard the offshore accommodation rig Floatel Endurance disconnected from the unit last week.According to the Petroleum Safety Authority Norway, the incident happened on February 29…

Shell Extends Safe Zephyrus Contract

Mar 02, 2020

Semi-submersible accommodation specialist Prosafe and oil major Shell have agreed on a contract extension for one of Prosafe's units for operations in the UK North Sea.The European offshore accommodation support company said in a press note that it had agreed with Shell to amend the original June 1…

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