Oslo -August 24, 2022 -Floatel International Ltd ("Floatel") presents its consolidated financial statements for the second quarter of the financial year 2022. Highlights: o The second quarter fleet utilization was 67%. Total firm contract backlog (excluding options) was approximatelyUSD 119 million as ofJune 30, 2022 . o Revenues for the second quarter wereUSD 45.9 million and EBITDA amounted toUSD 15.2 million . o Floatel Endurance and Superior continued their charters forEquinor on the Norwegian continental shelf during the quarter. Both charters have been extended and now endsOctober 31, 2022 . o Floatel Triumph commenced its charter forInpex at the Ichthys field inAustralia onJune 20, 2022 and the charter for Shell at Prelude inAustralia due to commence in August has after the reporting period been suspended, details to follow. o Floatel Victory continued its charter forEquinor inBrazil to provide Maintenance and Safety Unit services during the quarter.Equinor has extended the charter so firm period ends onDecember 27, 2022 . Management will host a conference call todayAugust 24, 2022 at 14.30 CEST to present the results. Interested persons can register using the details provided on the website www.floatel.no. A replay will be available for 21 days following the presentation by using the link provided on the website after the conference call. For further information, please contact:Peter Jacobsson , CEO Tel: +47 465 00 133 ; Mob: +47 934 00 232 Tomas Hjelmstierna, CFO Tel: +47 465 00 133 ; Mob: +47 934 00 381 AboutFloatel 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 FLOAT04 and FLOAT05. For more information, please refer to http://www.floatel.no
Click here for more information
© Oslo Bors ASA, source