Norway: DOF Group Enters New Charter Contracts

DOF Subsea AS has entered into a contract with Helix Well Ops for the vessel Skandi Constructor. The contract is 3 year firm with 3×1 year options. The contract will commence in 2 q 2013.

Skandi Constructor is owned by DOF Subsea and is a well intervention vessel of Ulstein SX 121 design built in 2009. The vessel has a LOA of 120.2 m and a breadth of 25.0 m and is equipped with a 150 T crane and a multi-purpose tower with 140 t lift capacity.

Norskan / DOF Subsea Brazil have agreed with Petrobras a 2 year extension for Skandi Chieftain from 3 q 2012. Skandi Chieftain is a RSV with ROVs and various deck mounted subsea equipment. Skandi Chieftain has been working for Petrobras since 2009.

Total contract values for the firm periods are approx. NOK 825 million.

[mappress]

Source: DOF Group, August 15, 2012