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DOF Subsea contract awards in Brazil

Petrobras has awarded DOF Subsea Brasil a contract for utilization of the Brazilian built OSV vessel Skandi Salvador. The 650 days firm contract (plus 650 days extension by mutual agreement) will commence in July. Skandi Salvador is currently working for Shell Brasil. The CEO Mons Aase states that he is very pleased with this contract award subsea engineering inspection repair and maintenance and survey services which involve complex and challenging engineering in an international environment. DOF Subsea owns a large fleet of modern subsea construction intervention and survey vessels that enable it to offer differentiated positions with its clients and work in long term relationships which enhance service delivery and reduce the overall risk. The company's core business is project management engineering vessel operations survey remote intervention and diving operations primarily for the Oil and Gas Marine Telecommunications and Renewables markets. www.dofsubsea.com "

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