If Equinor declares the option, the hire period for Floatel Superior will be extended by an additional 5 – 8 months to a total duration of 11 – 14 months, including the Åsgard project.

The optional period at Oseberg is to be declared by Equinor before November 1 2024.

This subsequent engagement at the Oseberg is due to commence immediately following the completion of the project at Åsgard in early Q425.