DOF Group ASA – Multiple project awards
DOF has secured an EPRD project for a North Sea operator, including the project management, engineering, logistics and execution of an FPSO cessation project. DOF shall disconnect, transport and pre-moor the floating unit, and retrieve and recycle the mooring system.
Project management and engineering starts immediately, while offshore execution is planned in Q3 2024 utilising in total four vessels, including Skandi Hera and Skandi Iceman.
In the APAC region, DOF has been awarded a contract to provide field decommissioning support in association with a depleted field off the Australian coast.
The award includes project management, engineering, procurement, and offshore services and is expected to be completed over a five-to-seven-week period commencing in December 2023. The project will utilise the CSV Skandi Hercules which, with two permanently installed WROV systems and a 250Te AHC crane, is ideally suited to these operations.
The combined revenue from the two projects is estimated to approximately USD 30 million.
For further information, please contact:
Martin Lundberg, SVP Finance and Investor Relations DOF Group ASA
Phone: + +47 916 21 057
E-mail: martin.lundberg@dof.com
About DOF Group ASA
With a multi-national workforce of about 4,000 personnel, DOF Group 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 40 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, 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.