DOF ASA

11/09/2021 | Press release | Distributed by Public on 11/09/2021 01:30

Sale of vessel

DOF Subsea Rederi III AS, a wholly owned subsidiary of DOF Subsea AS, has agreed
to sell the vessel "Geosund" to an international buyer. The estimated delivery
of the vessel to the new owner is in Q1, 2022.

Geosund was built in 2001 as a PSV and rebuilt to a CSV in 2006.

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 3,800 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 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.