DOF Subsea Awarded Several Contracts

DOF Subsea AS, a subsidiary of DOF ASA has been awarded several contracts, with a total value of approx. NOK 400 million (approx. USD 65.4 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.

DOF ASA, November 21, 2013