DOF Group ASA ("DOF") is pleased to announce the award for a SURF project in the Atlantic region from an undisclosed energy company. The contract is defined as Very Large, excluding any variation works.

DOF shall under this contract deliver its full suite of project management, engineering, logistical and execution services to install flexible flowlines, risers, cables and associated subsea structures. DOF shall also install a floating production unit on behalf of the client.

The project shall be executed across DOF's offices in Aberdeen and Bergen, and preparations is already well underway. Offshore execution is planned in second half of 2025 and is expected to involve six DOF vessels and more than 450 vessel days. The area of execution is Africa.  

Mons Aase, CEO DOF Group ASA, said: "This contract further demonstrates the confidence energy companies have in DOF to fast-track, manage and execute large-scale marine operations for the installation of critical production infrastructure. We are delighted with this award and eagerly anticipate the opportunity to deliver on this project."

DOF defines a Very Large contract as a contract with value between USD 100 million and 200 million.

For further information, please contact:

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 vessels which is combined with strong engineering capabilities to provide integrated services globally.   

www.dof.com