DOF ASA News
DOF Subsea contract awards
DOF Subsea, a subsidiary of DOF ASA has been awarded various contracts, securing utilisation for vessels in the Subsea IMR Projects segment:
The Atlantic region has been awarded a contract by the Norwegian Mapping Authority regarding Hydrographic services for the MAREANO 2019 program. The specialised survey and IMR vessel Geograph will be deployed on the project that is expected to last until late fall.
DOF Subsea has also been awarded a contract by Siemens on the Beatrice Offshore Wind Farm Project in the North Sea. The contract will utilise the CSV Skandi Constructor and ensures deployment for the vessel until the summer.
In addition, DOF Subsea has been awarded several contracts in the Asia Pacific region, the Brazil region and the North American region, utilising the regions' vessels and equipment.
Adding these new contracts to the previously announced awards gives DOF Subsea an order intake of more than NOK 1 billion in the Subsea/IMR Project segment during the first two months of 2019, securing utilisation for several vessels and ROV systems.
Mons S. Aase, CEO, stated, "I am pleased with the magnitude of the contract awards and our global organisation's ability to secure utilisation for the Group's assets in a challenging market."
For further information, please contact:
Mons S. Aase, CEO, Tel: +47 91 66 10 12
Hilde Drønen, CFO, Tel: +47 91 66 10 09