DOF Subsea Australia Contracted by Beach Energy

Beach Energy has awarded DOF Subsea Australia the Otway Offshore Project Phase 4
contract which consists of subsea installation works in a tie-back program.

The award includes Project Management, Engineering, Fabrication, Transportation
and Installation Services and is expected to be completed in Q3 2021. The
project will be executed using DOF Subsea's regional Construction Support
Vessels (Skandi Hercules, Skandi Singapore) which are ideally suited to these
campaigns.

Mons Aase, CEO DOF Subsea AS, said, "We look forward to working with Beach
Energy to deliver safe and efficient project."

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 3,150 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.