DOF Subsea secures work for five vessels

  • Business & Finance

Subsea services provider DOF Subsea has been awarded several contracts, securing utilization for five vessels in the subsea inspection, maintenance, and repair (IMR) projects segment.

DOF Subsea said on Wednesday that the company was awarded several contracts and work under existing frame agreements in the Asia Pacific and Atlantic regions.

The contracts will utilize the vessels Skandi Singapore, Skandi Hercules, and Skandi Neptune in the third and fourth quarter in 2017.

In Brazil, Petrobras extended DOF’s contract for Skandi Salvador by six months from August 2017.

Also, DOF Subsea was awarded several contracts for the diving support vessel Skandi Achiever in the Gulf of Mexico and Trinidad and Tobago. The contracts secure utilization of the vessel until the end of October 2017.

Mons S. Aase, CEO of DOF Subsea, said: “I am pleased with the contract awards and our global organization’s ability to secure utilization for the group’s vessels in a challenging market.”

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