DOF Subsea Awarded $65M in New Contracts

DOF Subsea AS, a subsidiary of DOF ASA has been awarded several contracts, with a total value of approximately NOK 400 million ($65.5 million).

In the Brazil region DOF Subsea has been awarded an RSV contract with Petrobras. The contract has a firm period of 18 months and mobilization will commence early December. DOF Subsea Brasil Servicos Ltda., a subsidiary of DOF Subsea AS, will deliver ROV services under the  contract.

In the Atlantic region DOF Subsea has been awarded two contracts, where the scope of work includes IMR services related to pipelines and mooring installations. Offshore operations will take place during Q1 2014, resulting in close to full utilization for the Atlantic fleet during the winter season.

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Press Release, November 21, 2013