Floatel International, the tie up between private equity group Oaktree and Singapore’s Keppel Corp, has tied up employment for its latest newbuilding.

US oil major Chevron has agreed to charter the Floatel Triumph for work in the Wheatstone field in Western Australia.

The semi-submersible accommodation vessel is due to arrive on location in mid-October 2016. Thereafter, it will work for INPEX Operations Australia in Ichthys Field, off Western Australia.

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