Rigs and Vessels

Norwegian offshore floatel supplier draws a loss in third quarter

Fleet utilisation was under 60% on oversupply headwinds

Challenging times: Floatel International chief executive Peter Jacobsson stands in the middle.
Challenging times: Floatel International chief executive Peter Jacobsson stands in the middle.Photo: OYVIND ELVSBORG
Oslo CorrespondentOslo
NorwayVaar EnergiFloatel InternationalEuropeWestern Europe
Published 16 November 2023, 14:52Updated 16 November 2023, 15:36