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DOF Subsea Win Multiple Offshore Contracts

19 October 2012

DOF Subsea AS secures contracts in Asia, Atlantic and Gulf of Mexico regions with total value of about US$50-million.

In the Asia Pacific Region DOF Subsea have secured several new contracts and extension of existing contracts with a total contract value of about US$ 20-million. The contract award will increase the utilisation of the regionís vessels Geobay, Skandi Singapore and Skandi Hercules.

In the Atlantic region DOF Subsea have been awarded several new contracts and extension of existing contracts with a total contract value of USD 24 millions. The contract award will increase the utilisation of the regionís vessels Geosund, Skandi Skolten and Geoholm.

In the Gulf of Mexico DOF Subsea have been awarded a new Survey contract with Saipem America for the pre-lay survey support of Saipemís CastorOne 2013 installation campaign. The contract has duration of about 2 months with start-up early January 2013. The contract value is about USD 6 million and the vessel Geoholm will be utilised.