The DOF group awarded multiple contracts with Petrobras

The DOF group awarded multiple contracts with Petrobras

16 May 2022 15:00 CEST

DOF is pleased to announce that Petrobras has awarded new long-term charter and
service contracts to Norskan Offshore Ltda. and DOF Subsea Serviços Brasil Ltda.
for 4 x AHTS vessels and ROVs.

The vessels, Skandi Angra, Skandi Paraty, Skandi Urca and Skandi Fluminense,
(AHTS 18000 class), currently operating for Petrobras and equipped with DOF
Subsea's work class ROVs, have been contracted for 3 years firm + 2 years
options with Petrobras.

The gross value of the contracts is approx. USD 260 million and with planned
commencement in Q4 2022.

Mons S. Aase, CEO, DOF Subsea said, "I am very pleased for these awards securing
utilisation for our personnel and our assets and adding important backlog to the
Group. It further strengthens our leading position in Brazil and confirms our
long relationship with Petrobras."

DOF Group is dedicated to deliver safe and efficient subsea solutions.

For further information, please contact:

Mons S. Aase, CEO, DOF ASA. Tel: +47 91 66 10 12

Hilde Drønen, CFO, DOF ASA. 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.

More information:
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562418_Release.pdf

Source

DOF ASA

Provider

Oslo Børs Newspoint