DOF Subsea secures several contracts in the APAC region

DOF Subsea is pleased to announce several contract-awards in the Asia-Pacific region, securing 130 days vessel and resource utilisation into Q1 2020.

The contracts, for undisclosed clients in New Zealand and South East Asia, will see Skandi Hercules commence operations in December 2019 for a major operator. Additionally, Skandi Singapore will commence construction operations in early January 2020 in South East Asia.

In a statement Mons Aase, CEO DOF Subsea, said, "These are important awards for us securing good utilisation for our vessel and resources in the Asia Pacific Region. We look forward to working with our clients to deliver safe and successful projects."

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 of about 3,500 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 35 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.