Reference is made to the resolutions adopted in the bondholders' meetings in DOF
Subsea AS' three bond loans (FRN DOF Subsea AS Senior Unsecured Bond Issue
2013/2020, DOF Subsea AS 9.50% Senior Unsecured Bond Issue 2017/2022 and FRN DOF
Subsea AS Senior Unsecured Bond Issue 2018/2023) on 30 September 2022, whereby
the bondholders on certain conditions approved to extend their waiver from, and
suspension of, all payment obligations under each of the bond loans until 31
October 2022, with a possibility to further extend the standstill arrangement
currently in place to 30 November 2022 with the approval of the ad-hoc group of
bondholders (the "Ad-Hoc Group").
Reference is further made to the announcements on 22 June 2022 regarding the
execution of an agreement (the "Restructuring Agreement") with a substantial
group of creditors and certain other stakeholders on a comprehensive financial
restructuring (the "Restructuring") and the announcements made on 21 October
2022 regarding the Extraordinary General Meeting to be held on 11 November 2022
relating to the Restructuring and the extension of the standstill arrangements
to 30 November 2022 in accordance with the authority granted to the Ad-Hoc
Group.
The completion of the Restructuring is dependent on the bondholders approval of
the Restructuring pursuant to the terms of the Restructuring Agreement. Further,
in the event the Extraordinary General Meeting on 11 November 2022 does not
approve resolutions required to implement the Restructuring, completion of the
Restructuring is dependent on the bondholders approval to implement the
Restructuring through certain alternative implementation steps. DOF Subsea AS
has therefore requested Nordic Trustee AS to summon bondholders' meetings in the
three bond loans to consider the approval of the Restructuring by a consensual
implementation or through alternative implementation steps. The proposal is
further described in the attached summons to the bondholders in the three bond
loans.
CEO Mons Aase, tel. +47 91 66 10 12
CFO Hilde Drønen, tel. +47 91 66 10 09
This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.
With a multi-national workforce of about 3,800 personnel, DOF ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 40 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity. DOF's core businesses are vessel ownership, vessel management,
project management, engineering, vessel operations, survey, remote intervention
and diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway,
the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.
Historical OSE Notices
SUMMONS TO BONDHOLDERS' MEETINGS IN DOF SUBSEA AS - APPROVAL OF RESTRUCTURING AND ALTERNATVE IMPLEMENTATION STEPS
October 24, 2022
Reference is made to the announcement made by DOF ASA ("DOF") and its subsidiary
DOF Subsea AS on 22 June 2022 regarding the execution of an agreement (the
"Restructuring Agreement") with a substantial group of creditors and certain
other stakeholders on a comprehensive financial restructuring (the
"Restructuring") and the announcement on 13 October 2022 regarding the update on
the Restructuring process.
The Extraordinary General Meeting relating to the Restructuring will be held on
Friday 11 November 2022 at 12:00 hours as an electronic meeting. Shareholders
who wish to participate and vote at the Extraordinary General Meeting must be
registered with a user profile in the meeting portal Orgbrain (www.orgbrain.no)
or submit a proxy to the Company by 12:00 hrs CET on 7 November 2022.
Information about participation and registration is included in the notice and
its appendices and is attached to this announcement and also available on the
Company's website www.dof.com. Further information about the electronic
participation will be published on the Company's website www.dof.com and
distributed to the shareholders who fill in and return the registration form.
A paper version of the notice will be sent by post to those shareholders who
have reserved themselves against electronic communication on the VPS Investor
Services.
In addition, DOF is pleased to announce that the senior creditors that are
parties to the Restructuring Agreement have agreed to extend the Long Stop Date
in the Restructuring Agreement to 30 November 2022, and that the ad-hoc group of
bondholders in DOF Subsea AS' bond loans (FRN DOF Subsea AS Senior Unsecured
Bond Issue 2013/2020, DOF Subsea AS 9.50% Senior Unsecured Bond Issue 2017/2022
and FRN DOF Subsea AS Senior Unsecured Bond Issue 2018/2023) has extended the
standstill arrangements with the bondholders to 30 November 2022 in accordance
with the authority granted in the bondholders' meetings held on 30 September
2022. The sole purpose of such extensions is to enable that the agreed
Restructuring can be implemented.
For further information, please contact:
CEO Mons Aase, tel. +47 91 66 10 12
CFO Hilde Drønen, tel. +47 91 66 10 09
This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.
With a multi-national workforce of about 3,900 personnel, DOF ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 40 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity. DOF's core businesses are vessel ownership, vessel management,
project management, engineering, vessel operations, survey, remote intervention
and diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway,
the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia.
DOF ASA is listed on the Oslo Stock Exchange since 1997.
Historical OSE Notices
DOF ASA: NOTICE OF EXTRAORDINARY GENERAL MEETING AND NEW LONG STOP DATE FOR THE RESTRUCTURING AGREEMENT
October 21, 2022
DOF ASA will release the Q3 results on Thursday 27th of October 2022. The report
will be available at www.dof.com and www.newsweb.no.
The presentation will be held as a webcast at 08:30 CET the same day on:
http://www.dof.com/webcast.
The presentation will be held by CEO Mons S. Aase and CFO Hilde Drønen.
If you have questions, please contact the Company.
Contact:
CEO Mons Aase, Tel + 47 91 66 10 12
CFO Hilde Drønen, Tel + 47 91 66 10 09
With a multi-national workforce of about 3,900 personnel, DOF ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With 40 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity.
DOF's core businesses are vessel ownership, vessel management, project
management, engineering, vessel operations, survey, remote intervention and
diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway,
the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.
Historical OSE Notices
Invitation to presentation of Q3 2022 results
October 19, 2022
DOF Subsea is pleased to announce the award of a 3-year contract for two vessels
with Esso Exploration & Production Guyana Limited. Under the agreement, DOF
Subsea will perform IMR, well intervention support, and light subsea
construction activities to support the growing subsea infrastructures in the
Stabroek Block offshore Guyana.
Two Multipurpose Support Construction Vessels with 250-ton AHC crane and 2 work
class ROV systems will be deployed in Guyana for 3-year terms, plus 2 years
options.
The first vessel will mobilize in late October while the second vessel is
planned to commence in January 2023.
Mons S Aase, CEO, DOF Subsea said, "I am extremely happy with this contract
award from ExxonMobil Guyana, and entering the important and flourishing
Guyanese market. The award further underlines DOF's leading position in the IMR
segment."
The estimated firm backlog for the group is approximately NOK 2.7 billion.
For further information, please contact:
CEO Mons Aase, tel. +47 91 66 10 12
CFO Hilde Drønen, tel. +47 91 66 10 09
With a multi-national workforce of about 3,900 personnel, DOF ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With 40 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity.
DOF's core businesses are vessel ownership, vessel management, project
management, engineering, vessel operations, survey, remote intervention and
diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway,
the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.
Historical OSE Notices
Contract awards
DOF Subsea awarded MPSV Contracts in Guyana
October 21, 2022
DOF Rederi AS, a wholly owned subsidiary of DOF ASA, has signed a 5-year
contract for the PSV Skandi Feistein with Esso Australia Pty Ltd.
The contract will commence in second half 2019. Skandi Feistein is a large PSV
built in Norway in 2011.
Mons S. Aase, CEO DOF ASA comments: "This is a very important win for us. It is
our first long term contract with Esso in Australia and an important step in our
strategy of growing our fleet in the APAC region. I think this award is further
proof of our ability to deliver world class services on a global basis."
For further information, please contact:
CEO Mons S. Aase, +47 91 66 10 12
CFO Hilde Drønen, +47 91 66 10 09
With a multi-national workforce of about 3,500 personnel, DOF ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 35 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity.
DOF's core businesses are vessel ownership, vessel management, project
management, engineering, vessel operations, survey, remote intervention and
diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway,
the UK, the USA, Singapore, Brazil, Argentina, Egypt, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.
Historical OSE Notices
Contract awards
Long term contract for PSV Skandi Feistein with Esso Australia
August 6, 2019
DOF Subsea Group is proud to announce the successful contract award for a major
operator within the UKCS sector to decommission subsea infrastructure in Q3,
2019. The works will be undertaken by the Skandi Skansen together with DOF owned
AHTS vessels. This is the second award with the same operator in as many months
in the decommissioning segment.
For further information, please contact:
Mons S. Aase, CEO - Tel: +47 91 66 10 12
Hilde Drønen, CFO - Tel: +47 91 66 10 09
With a multi-national workforce of about 3,500 personnel, DOF ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 35 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity.
DOF's core businesses are vessel ownership, vessel management, project
management, engineering, vessel operations, survey, remote intervention and
diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway,
the UK, the USA, Singapore, Brazil, Argentina, Egypt, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.
Historical OSE Notices
Contract awards
Contract award for Skandi Skansen
August 8, 2019
DOF ASA will present the Q2 results 2019 at Norges Rederiforbund, Rådhusgt. 25,
7th floor, Oslo, on Tuesday 20 August 2019 at 08:30.
The presentation will be held by CEO Mons S. Aase and CFO Hilde Drønen.
Due to practical reasons we ask those of you interested in attending the
presentation, to please register to Margrethe R. Østervold, e-mail mro@dof.com,
within Friday 16 August 2019.
The presentation will be webcasted at www.dof.com.
With a multi-national workforce of about 3,500 personnel, DOF ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 35 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity.
DOF's core businesses are vessel ownership, vessel management, project
management, engineering, vessel operations, survey, remote intervention and
diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway,
the UK, the USA, Singapore, Brazil, Argentina, Egypt, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.
Historical OSE Notices
Invitation to presentation of Q2 2019 results
August 12, 2019
The Group's operating income for 2nd quarter (management reporting) totals NOK
1,854 million (NOK 1,804 million) and the operating profit before depreciation
and impairment (EBITDA) totals NOK 669 million (NOK 560 million). The Ebitda
adjusted for hedge accounting is NOK 712 million (NOK 594 million) and the
operating profit (EBIT) is NOK 181 million (NOK 179 million), of which
depreciation and impairment total NOK 488 million (NOK 380 million).
The average utilisation of the Group's fleet during the 2nd quarter was 74% ; 67%
for the subsea fleet, 69% for the AHTS fleet and 93% for the PSV fleet.
The market has improved for the supply fleet, but the market is still
challenging for the Subsea IMR fleet. The vessels on term contracts have
achieved high utilisation in the quarter.
The Group's backlog is NOK 20 billion.
As reported in 1st quarterly report, the Group experienced that regular
refinancing has been challenging and a short-term refinancing has been secured
during 2nd quarter. The Board and Management are working on a long-term solution
to secure satisfactory financing and liquidity for the Group.
The operational Ebitda in 2nd half 2019 is expected to be higher than 1st half
2019.
Please see enclosed 2nd quarter Financial Report 2019
Webcast is available Tuesday, 20th August 2019 at 08:30 on www.dof.com.
Contact:
CEO Mons Aase, Tel + 47 91 66 10 12
CFO Hilde Drønen, Tel + 47 91 66 10 09
With a multi-national workforce of about 3,500 personnel, DOF ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 35 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity.
DOF's core businesses are vessel ownership, vessel management, project
management, engineering, vessel operations, survey, remote intervention and
diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway,
the UK, the USA, Singapore, Brazil, Argentina, Egypt, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.
Historical OSE Notices
Financial Report 2nd quarter for DOF ASA
August 20, 2019
DOF has been awarded two AHTS contracts to support drilling operations in New
Zealand. Skandi Emerald and Skandi Atlantic, built in 2011 and 2012
respectively, have been contracted by OMV NZ for 2 wells firm, plus 2 x 1 well
options, to support drilling rig COSL Prospector. Both vessels are currently
supporting the same rig with another Operator in New Zealand, and commencement
with OMV will be on completion of this campaign during Q4 2019.
Mons S. Aase, CEO DOF ASA comments "I'm very happy with this new award in New
Zealand, securing good backlog for these units into 2020".
For further information, please contact:
CEO Mons S. Aase, +47 91 66 10 12
CFO Hilde Drønen, +47 91 66 10 09
With a multi-national workforce of about 3,500 personnel, DOF ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 35 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity.
DOF's core businesses are vessel ownership, vessel management, project
management, engineering, vessel operations, survey, remote intervention and
diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway,
the UK, the USA, Singapore, Brazil, Argentina, Egypt, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.
Historical OSE Notices
Contract awards
New contracts
August 20, 2019
Financial calendar for DOF ASA
FINANCIAL YEAR 2019
28.11.2019 - Quarterly Report - Q3
21.02.2020 - Quarterly Report - Q4
Updated financial calendar for 2019.
This information is published pursuant to the requirements set out in the
Continuing obligations.
Historical OSE Notices
Financial calendar
August 27, 2019
Finansiell kalender for DOF ASA
REGNSKAPSÅR 2019
28.11.2019 - Kvartalsrapport - Q3
21.02.2020 - Kvartalsrapport - Q4
Oppdatert finanskalender for 2019.
Denne informasjonen offentliggjøres i henhold til kravene i Løpende
forpliktelser.
Historical OSE Notices
Finansiell kalender
August 27, 2019
Norskan and Petrobras have signed a 1 year extension until September 2020 for
the AHTS Skandi Fluminense. The vessel, built in 2007, is an AHTS 18.000 with 1
WROV operated by DOF Subsea on board.
For further information, please contact:
CEO Mons S. Aase, +47 91 66 10 12
CFO Hilde Drønen, +47 91 66 10 09
With a multi-national workforce of about 3,500 personnel, DOF ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 35 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity.
DOF's core businesses are vessel ownership, vessel management, project
management, engineering, vessel operations, survey, remote intervention and
diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway,
the UK, the USA, Singapore, Brazil, Argentina, Egypt, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.
Historical OSE Notices
Contract awards
Extension Skandi Fluminense
September 2, 2019
Frederik Wilhelm Mohn has announced that he by his own initiative has resigned
from the Boards of Directors in DOF ASA and DOF Subsea AS with immediate effect.
The companies are working on finding replacements.
Contact person: Chairman Helge Møgster, tel. +47 91661007
With a multi-national workforce of about 3,500 personnel, DOF ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 35 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity.
DOF's core businesses are vessel ownership, vessel management, project
management, engineering, vessel operations, survey, remote intervention and
diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway,
the UK, the USA, Singapore, Brazil, Argentina, Egypt, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.
Historical OSE Notices
Board changes
September 9, 2019
As previously reported in DOF ASA's ("DOF" or the "Company") financial report
for Q2 2019, the group experience that regular refinancing has been challenging.
DOF and its 65% subsidiary DOF Subsea AS ("DOF Subsea") are on this basis in the
process of finding a long-term refinancing solution, with a structure that is
aligned with the current market environment. A long-term solution will involve
all stakeholders, including shareholders, banks, and bondholders.
The DOF Group has an order backlog of NOK 20 billion per 30.06 2019.
DOF Subsea is currently making progress in its discussion with its stakeholders,
including a constructive dialogue with key banks to adapt the bank facilities to
the current market environment.
DOF Subsea has today summoned a bondholder meeting in order to postpone an
instalment in DOFSUB07 due 22 October 2019, as further described in the summons.
Based on the current dialogue with stakeholders the best estimate is that it
will be possible to reach an agreement on the long-term solution during the 4th
quarter 2019, but no assurance can be given at this stage.
DOF has for the PSV and AHTS business a constructive dialogue with its key banks
to adjust the amortization profile and covenant structure of its bank financing
to reflect the current market environment.
It is likely that a long-term solution will require an equity injection in DOF
and that a substantial portion of the new equity will be used to support the
refinancing of DOF Subsea. Laco AS, indirectly the largest shareholder in DOF,
is in this respect committed to support the group with NOK 200 million in new
equity, conditional upon a satisfactory refinancing solution for the Group,
including a maturity profile providing satisfactory runway until the expected
timing of the market recovery. The Board of Directors of DOF will work towards a
solution for the equity injection, which takes the interests of all shareholders
into account and which to the extent permitted within applicable statutory
limitations treat all shareholders equally.
Contact:
CEO Mons Aase, Tel. +47 91 66 10 12
CFO Hilde Drønen, Tel + 47 91 66 10 09
With a multi-national workforce of about 3,500 personnel, DOF ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 35 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity.
DOF's core businesses are vessel ownership, vessel management, project
management, engineering, vessel operations, survey, remote intervention and
diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway,
the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.
This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.
Historical OSE Notices
DOF ASA: REFINANCING UPDATE
October 8, 2019
Please find attached the Notice of Extraordinary General Meeting of DOF ASA.
The Extraordinary General Meeting will be held on Wednesday 30 October 2019 at
10.00 hours, in the company's facilities at Storebø in the municipality of
Austevoll.
A printed version of the notice will be sent by post to all shareholders.
Contact persons:
CEO Mons S. Aase, +47 91 66 10 12
CFO Hilde Drønen, +47 91 66 10 09
With a multi-national workforce of about 3,500 personnel, DOF ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 35 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity.
DOF's core businesses are vessel ownership, vessel management, project
management, engineering, vessel operations, survey, remote intervention and
diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway,
the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.
Historical OSE Notices
Notice of Extraordinary General Meeting DOF ASA
October 9, 2019
Reference is made to Refinancing Update dated 8 October 2019.
DOF Subsea has today been notified that Nordic Trustee, on behalf of a group of
bondholders in the DOFSUB07 bond loan, will send out a summons for another
Bondholders meeting to be held on 30 October 2019, which is enclosed.
For further information, please contact:
CEO Mons Aase, tel. +47 91 66 10 12
CFO Hilde Drønen, tel. +47 48 09 46 99
With a multi-national workforce of about 3,500 personnel, DOF ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 35 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity.
DOF's core businesses are vessel ownership, vessel management, project
management, engineering, vessel operations, survey, remote intervention and
diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway,
the UK, the USA, Singapore, Brazil, Argentina, Egypt, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.
Historical OSE Notices
DOF ASA: REFINANCING UPDATE
October 16, 2019
Equinor Energy AS has exercised a 6 months option connected to the Framework
Agreement awarded in 2018. The vessel will be utilized firm from mid November
2019 until mid May 2020.
The CEO, Mons Aase comments "Skandi Vega has served Equinor since 2009 and we
are satisfied that the vessel is secured firm work through the coming winter
season"
Contact persons:
CEO Mons S. Aase, +47 91 66 10 12
CFO Hilde Drønen, +47 91 66 10 09
With a multi-national workforce of about 3,500 personnel, DOF ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 35 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity.
DOF's core businesses are vessel ownership, vessel management, project
management, engineering, vessel operations, survey, remote intervention and
diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway,
the UK, the USA, Singapore, Brazil, Argentina, Egypt, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.
Historical OSE Notices
Contract awards
Skandi Vega - extention of contract with Equinor Energy AS
October 18, 2019