DOF Subsea Awarded New Contracts

DOF Subsea has been awarded several contracts, securing utilization for several vessels in the Subsea IMR Projects segment.

In the Atlantic region, DOF Subsea has been awarded a contract within wind industry, securing utilization of Skandi Neptune for 45 days + options in Q4.

In the North America region, DOF Subsea has been awarded a contract for the provision of survey, ROV and vessel services in the Gulf of Mexico, securing 135 days of vessel utilization in two phases. The project will utilize the vessels Harvey Deep Sea and Skandi Achiever with phase one commencing in Q4 2017 and phase two commencing in Q1 2018.

Mons S. Aase, CEO, stated: "I am pleased with the contract awards and our global organization's ability to secure utilization for the Group's vessels in a challenging market."