DOF is pleased to announce a contract award for subsea decommissioning services in APAC.

The contract award includes project management, engineering, logistics support and execution of decommissioning activities utilising Skandi Hercules. The offshore campaign will be conducted in Western Australian waters and is expected to commence in Q4 2024 for approximately 50 days.

Mons Aase, CEO DOF Group ASA, said, "This award secures further backlog for the APAC region and we look forward to delivering a safe and successful project."

The value of the contract is Limited, which DOF defines as a contract value below USD 15 million.

For further information, please contact:

Martin Lundberg, SVP Finance DOF Group ASA

Phone: +47 91 62 10 57

E-mail: martin.lundberg@dof.com

Eirik Vardøy, Investor Relations DOF Group ASA

Phone: +47 94 83 64 64

E-mail: eirik.vardoy@dof.com