Extension of RSV contract Geograph

Petrobras has extended the RSV contract for the vessel Geograph for 18 months. Geograph is owned by DOF ASA’s subsidiary DOF Subsea. The extension is a direct continuation of the current contract and the vessel has been operating for Petrobras since March 2011.

Mons S. Aase, CEO, stated, “I am very pleased with the contract extension, securing utilization in a challenging market and maintaining our strong position in the Brazilian market.”

For further information, please contact:

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

Hilde Drønen, CFO, Tel: 91 66 10 09

With a multi-national workforce of almost 5,000 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 30 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, Argentine, Egypt, Angola, and Australia.

DOF ASA is listed on the Oslo Exchange since 1997.