DOF Subsea nets $58.9M in new gigs

  • Business & Finance

DOF Subsea, a subsidiary of DOF ASA, has been awarded multiple contracts, with a total value of approximately NOK 400 million ($58.9 million).

The company says that the contract awards will improve the utilization of the subsea project vessels in the Asia Pacific, Atlantic and North America regions, however it did not disclose the name of the clients.

The scope of work includes subsea installation, IMR and survey work.

DOF Subsea CEO, Mons S. Aase stated: “I am pleased with the contract awards, improving utilization of our vessels for fourth quarter 2014.”

DOF 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.

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