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Floatel orders fourth $315m accomodation semi-sub at Keppel

Floatel orders fourth $315m accomodation semi-sub at Keppel
Singapore: Floatel has contracted for a fourth accommodation semi-submersible at Keppel FELS for $315m, confirming a letter of intent signed in March.

The new generation harsh environment semi-submersible will be built to the Floatel Superior design, a DSS20NS design developed by GustoMSC and Keppel FELS' Deepwater Technology Group. The platform is set to be delivered in early 2015 will be to accommodate 440 in single bed cabins.

It will be Floatel's fourth accommodation semi with Keppel FELS after the delivery of Floatel Superior and Floatel Reliance in 2010 and the order of Floatel Victory in 2011, which is scheduled for delivery in 4Q 2013.