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DOF Group ASA - Awarded subsea installation contract in Africa

DOFGSelskabsmeddelelse22.10.2026, 09.45
DOF Group ASA ("DOF") is pleased to announce the award of a Significant* subsea
contract in Africa.

The contract will be executed by Skandi Acergy and is scheduled to commence in
early Q1 2027 with an expected duration of approximately 100 days.

DOF shall under this contract deliver project management, engineering, logistics
and offshore execution services for the transportation and installation of
various Subsea Production Systems (SPS) in deep-water field developments.

Project management, engineering and planning activities will be delivered by
DOF's Atlantic region teams in Bergen and Aberdeen, whilst offshore execution
will be carried out during a dedicated offshore campaign in support of the
client's field development objectives.

Mons S. Aase, DOF Group ASA CEO, said:

"We are pleased to secure this award and the trust placed in DOF by a leading
operator. Deep-water SPS installation is a critical phase in the development of
any field and requires careful planning, strong engineering and proven execution
capability. Our priority will be to safeguard the installation, effectively
manage project risks and deliver the work safely, efficiently and on schedule.
We look forward to supporting our client in the successful delivery of this
project."

The award further strengthens DOF's position in the African subsea market and
adds to the company's backlog for 2027.

DOF defines a Significant contract as a contract with a value between USD 15
million and USD 25 million.

Contact information:

Eirik Vardøy, Investor Relations DOF Group ASA

Phone: +47 94 83 64 64

About DOF:
DOF Group ASA (OSE ticker: DOFG) is a leading provider of offshore and subsea
services to the offshore energy industry. The company owns and operates a fleet
of modern offshore/subsea vessels which is combined with strong engineering
capabilities to provide integrated offshore services globally.
www.dof.com
e integrated offshore services globally.\
www.dof.com\