Company Updates

DOF Subsea Awarded Several New Contracts

In Asia Pacific, DOF Subsea has secured several contracts and work under existing frame agreements, securing utilization of the vessels Skandi Singapore and Skandi Hercules.

The scope of work includes project management, engineering, light construction and saturation diving.

5DOF Skandi Singapore web02Skandi Singapore. Photo courtesy: DOF Subsea

In Brazil, Petrobras has awarded a new contract for the vessel Skandi Salvador for a period of 1 year firm and with 1 year option.

During Q2 and so far in Q3 2016, DOF Subsea has secured contracts with a total value of NOK 3.3 billion including options.

Mons S. Aase, CEO, stated, "I am very pleased with the contract awards, and our global organization's ability to secure utilization in a challenging market. A highlight has been the award of the long-term IMR contract, the 5+2+2 year IMR contract for Shell Australia, and the new contracts on Skandi Vitoria, Skandi Niteroi and Skandi Salvador."

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