DOF Subsea Group has been awarded multiple new contracts

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DOF Subsea Group has secured multiple contract awards in Asia Pacific, the Mediterranean and in the Gulf of Mexico over the last couple of weeks, with a total contract value of about USD 50 million.

In the Asia Pacific region DOF Subsea has secured several contracts for a four month campaign offshore New Zealand, utilizing the vessel Skandi Singapore with start-up late December 2012.

In the Mediterrainian DOF Subsea has secured a contract with Noble, utilizing the vessel Geobay for about 4 months with start-up early January 2013.

The two vessels Skandi Constructor and Geoholm will transit to the Gulf of Mexico during the Norwegian winter season. DOF Subsea has been awarded the first contract on Skandi Constructor, in a three month campaign. DOF Subsea has also secured a contract with Hess on the vessel Geoholm, and together with the recent Saipem award the vessel will be fully utilized during the Gulf of Mexico campaign.

Mons S. Aase is pleased with the new contract awards, further improving the contract coverage for the 4th quarter 2012 and 1st quarter 2013.

For further information, please contact:

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

Notes to Editors:

The DOF Subsea Group is a specialist subsea service business that provides subsea construction, subsea engineering, inspection, repair and maintenance and survey services which involve complex and challenging engineering in an international environment.

DOF Subsea owns a large fleet of modern subsea construction, intervention and survey vessels that enable it to offer differentiated positions with its clients and work in long term relationships, which enhance service delivery and reduce overall risk.

The company’s core business is project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the Oil and Gas, Marine Telecommunications and Renewables markets which involve complex and challenging engineering in an international environment.


With a multi-national workforce in excess of 4,000 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.

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