DOF Subsea has chartered a Jones Act vessel and has been awarded several contracts in North America

DOF Subsea, a subsidiary of DOF ASA, has entered into an agreement with Otto Candies for the charter of the Jones Act vessel Chloe Candies for a firm period of one year plus one year option. The charter period will commence at the beginning of March 2014. The vessel will be operated by DOF Subsea North America to execute subsea projects.

DOF Subsea North America has also entered into a contract securing utilization of the vessel Chloe Candies for 5 + 2 months. In addition, DOF Subsea North America has entered into a contract utilizing Harvey Deep-Sea for 3 months firm + 2 months options.

CEO, Mons S. Aase stated that he is very pleased with the contract awards, which further strengthens DOF Subsea’s market position in the Gulf of Mexico.

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.