DOF Group ASA ("DOF") is pleased to announce a Substantial contract award for subsea mooring installation services in the APAC Region...
DOF Group ASA ("DOF") is pleased to announce a Substantial contract award for subsea mooring installation services in the APAC Region. The contract will utilise Skandi Hercules with related moorings and installation subsea services. The scope of work includes DOF's in-house project management and engineering, procurement and logistics support services.
Offshore execution in West Australian waters is scheduled in Q3 2025 with the vessel engaged on the project for approximately 2 months.
Mons Aase, CEO DOF Group ASA, said: "The award secures substantial backlog for the APAC region in the second half of 2025, and we look forward to delivering a safe and successful project."
DOF defines a Substantial contract as a contract with value between USD 25 million and 50 million.
For further information, please contact:
Eirik Vardøy, Investor Relations DOF Group ASA
Phone: +47 94 83 64 64
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Lånets navn / Issue name: Dof Subsea AS 18/23 FRN Ticker: DOFSUB09 Instrument ID: 1304545 ISIN: NO0010836810 Segment: OBOC Hjemstat / Home state: NO Handelsvaluta / Trading currency: NOK Lånebeløp / Issued amount: 900 mill
DOF Subsea is pleased to announce multiple vessels awards from undisclosed clients in two important growing regions for Oil and Gas: Guyana and Saudi Arabia. The Skandi Neptune has already commenced operation in Guyana for survey work and planning a second campaign within 2019 for field Development Construction support activities. In addition said “This is an exciting award for us entering a new area and at the same time strengthen our position as a global subsea IMR provider. Guyana is a growing region where we expect increased activity going forward.” For further information please contact: Mons S. Aase CEO DOF Subsea. Tel: +47 91 66 10 12 Marianne Møgster SVP Finance DOF Subsea. Tel: 99 30 69 16 About DOF Subsea: The DOF Subsea Group is a specialist subsea service business that provides subsea construction 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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The Atlantic region has recently been awarded three new contracts in the North Sea. The first of these contracts will see DOF Subsea undertake a workscope in the Norwegian North Sea involving subsea construction support and pre-commissioning operations from the Geosund during December 2018. In addition CEO DOF Subsea – Tel: +47 91 66 10 12 Marianne Møgster SVP Finance DOF Subsea – Tel: +47 99 30 69 16 About DOF Subsea: The DOF Subsea Group is a specialist subsea service business that provides subsea construction 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
DOF Subsea Australia Pty Ltd’s existing Subsea Inspection Engineering services including on and offshore professional personnel to execute various work scopes supporting construction and IMR activities on the Chevron-operated Gorgon and Wheatstone Projects and other assets since February 2015. This long-term contract has created training employment and supply chain opportunities in regional communities and businesses. The contract extension will allow DOF Subsea to continue to offer opportunities in the future. In a statement Mons Aase CEO DOF Subsea AS said “This is an extremely exciting award reinforcing DOF Subsea’s position in the global subsea IMR market. We look forward to continuing to support some of the largest offshore projects in Australia and indeed the world.” For further information please contact: Mons S. Aase CEO DOF Subsea. Tel: +47 91 66 10 12 Marianne Møgster SVP Finance DOF Subsea – Tel: +47 99 30 69 16 About DOF Subsea: The DOF Subsea Group is a specialist subsea service business that provides subsea construction 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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