Contract award for the joint venture between DOF Subsea and Aker Solutions

The joint venture between DOF Subsea and Aker Solutions, KDS JV AS, has secured a subsea decommissioning contract for DNO at the Norwegian Continental Shelf. The contract includes engineering, preparation, removal & disposal work (EPRD) of associated subsea hardware.

Project scope includes the removal and disposal of Subsea infrastructure including template, manifold, production spools, umbilical, covers and associated hardware.

The project shall be delivered by an integrated expert team from the JV partners. DOF Subsea shall deploy Skandi Acergy from its fleet, and Aker Solutions shall use its disposal site at Stord for recycling.

Engineering will start immediately, and offshore execution is planned in Q1 2022, but with a possibility for an earlier start in Q4 2021.

For further information, please contact:

CEO Mons Aase,     Tel + 47 91 66 10 12

CFO Hilde Drønen, Tel + 47 91 66 10 09

With a multi-national workforce of about 3,150 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.