DOF awarded new contracts

DOF’s subsidiaries, DOF Rederi AS and Waveney AS, have been awarded three contracts as follows:

-       A 90 days firm contract + 60 days options with Saipem America Inc. for Skandi Fjord. The contract will commence in February 2014.

-       A 9 months firm contract + 9 months options with CNR International (UK) Limited for Skandi Marstein. The contract will commence in March 2014.

-       A 1 year firm contract + 1 x 2 years options with Peterson Den Helder BV for Skandi Waveney. The contract will commence in March 2014.

The firm period of these contracts represent a value of approx. NOK 100 million.

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 in excess of 4,600 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.