DOF Subsea AS has been awarded several contracts

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DOF Subsea AS, a subsidiary of DOF ASA, has been awarded several contracts, with a total value of approx. NOK 475 million.

In the Asia Pacific region, DOF Subsea has been awarded several contracts including IMR services and subsea installation work. The contract awards will secure utilization for the vessels Skandi Singapore, Skandi Hercules and Skandi Hawk.

In the Atlantic region, DOF Subsea has been awarded several contracts. Maersk Oil UK awarded DOF Subsea a contract to undertake replacement of the Dumbarton Drill Cluster Centre (DCC) flexible production riser at the Global Producer 3 FPSO located in the UK sector North Sea. The work will secure utilization for the chartered in vessel Normand Reach. Further, Statoil awarded DOF subsea a call-off under an existing survey frame agreement for MBE and AUV survey services in the North Sea. Teekay awarded DOF Subsea with a contract for turret mooring and riser installation on the Gina Krogh FSO. Onshore engineering will commence in the second half of 2014, with offshore marine operations to be executed in 2016.

In the North America region, DOF Subsea has successfully completed a long-term pipeline survey project support with the Skandi Inspector, and the vessel will now mobilize for another client for a 30 days commitment prior transiting to Canada for an approx. 80 days commitment.

CEO, Mons S. Aase stated “I am very pleased with the contract awards, securing utilization of our onshore engineering and project management teams as well our vessels. In addition, in the Atlantic region we have achieved repeat business with important clients and have established new client relationships.”

For further information, please contact:

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

CFO Hilde Drønen, Tel +47 91 66 10 09


With a multi-national workforce in excess of 4,900 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.

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