Floatel International Ltd. was established in 2006 to satisfy a market demand for a new generation offshore floatels. The vision of the Company is to own and operate the most modern, safe and reliable floatel fleet in the world in order to meet the increased market demand.
The first vessel, "Floatel Superior", was delivered in March 2010 and is specifically designed for hostile environment meeting the latest North Sea regulations for year around operations. Floatel Superior is presently operating for Statoil in the North Sea.
The second vessel, "Floatel Reliance", is designed for medium harsh environment delivered October 2010 and commenced a five year charter for Petrobras.
The third vessel ”Floatel Victory” was delivered in November 2013 and is designed for operations in the North Sea (UK Sector). The vessel will commence its maiden charter for Chevron (US) in early 2014.
In August 2012 Floatel International placed an order with Keppel FELS for construction of a fourth semi submersible accommodation vessel, "Floatel Endurance", due for delivery Q1 2015.
In August 2013 Floatel International placed an order with Keppel FELS for construction of a fifth semi submersible accommodation vessel, due for delivery in Q4 2015.
Floatel International AB is a management company responsible for construction supervision and operational management for and on behalf of the Owner, Floatel International Ltd.