DOF Group ASA – Project award

DOF has been awarded a contract by Altera Infrastructure to install one FPSO (Floating Production, Storage and Offloading unit) and one FSO (Floating Storage unit) for the phase 2 development of the Baleine field in Cote d’Ivoire, West Africa, operated by Eni with Petroci Holding as partner.

The project includes the complete installation of seabed mooring systems, flowline between FSO and FPSO, and associated equipment.

DOF`s contract scope includes project management, engineering, transportation, installation and hook-up of floating units in the field. DOF shall mobilize Skandi Skansen to the project, totaling more than 130 vessel days.

“This award recognizes DOF`s solid performance within installation of floating units. We look forward to executing the project safely and successfully”, says Mons S. Aase, CEO in DOF Group.

Project Management and engineering will commence immediately from DOF`s offices in Bergen, Norway and Aberdeen, Scotland. Offshore operations are planned to take part from Q3, 2024.

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, 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 centres and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia.