Letter of Intent for Floatel Victory

Floatel International has received a Letter of Intent for the 2013-built Floatel Victory as a Maintenance and Safety Unit (UMS), providing maintenance support and accommodation services offshore Brazil. The operation is scheduled to start in the first quarter of 2026, with a firm duration of three to four months and an option for extension.

While the company did not disclose the client’s name, Equinor appears to be the front-runner. The Norwegian operator is currently employing the Floatel Victory on the Peregrino FPSO, under a contract recently extended through the end of 2025. This operational continuity suggests that the LOI may well be tied to a follow-up phase of that campaign or a new scope within the same asset.

At the same time, PRIO emerges as another plausible option.

Who do you think is behind this charter: Equinor, Prio or another major player?