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Regulatory press release

DOF ASA: DOF Subsea secures Integrated FSV Contract in Africa

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DOF Subsea has been awarded an integrated Field Support Vessel (FSV) contract with an international oil company in Angola. The project shall utilise Skandi Seven for a minimum of 303 firm vessel days plus 365 days of options. The Contract also includes the potential supply of additional vessels, as required by client.

DOF Subsea shall during the project deliver integrated FSV services, project management, engineering, procurement and logistics within deep-water construction and maintenance of existing subsea assets.

Work packages under the contract shall also include services for transportation and installation of flexible products and various subsea equipment.

Mons S. Aase, CEO, DOF Subsea said, "I am pleased that DOF Subsea is trusted with another contract in Angola. This project will secure utilisation for our integrated FSV team and assets, strengthening our position as a leading one-stop solutions provider for integrated subsea operations across multiple disciplines. DOF Subsea is continuously working to develop efficient services without compromise to safety."

For further information, please contact:

Mons S. Aase, CEO, Tel: +47 91 66 10 12
Hilde Drønen, CFO, Tel.: +47 91 66 10 09

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