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Disclosures

DOF Subsea awarded contracts Australia

DOF Subsea is pleased to announce several contract-awards in the APAC region, securing further vessel and resource utilisation in Q1 and first part of Q2 2020. The contracts, for undisclosed clients in Australia, will see Skandi Singapore commence subsea project operations during Q1 2020 for two major operators in the region over a period of 50-60 days. In a statement Mons Aase, CEO of DOF Subsea, said, "These are important awards for DOF Subsea and continue to build backlog from previous reported wins in Q1 2020, all of which secure good utilisation for our vessel and resources in the Asia Pacific Region. We look forward to working with our key clients to deliver safe and successful projects." For further information, please contact: Mons S. Aase, CEO Tel: +47 91 66 10 12 Hilde Drønen, CFO Tel: +47 91 66 10 09 With a multi-national workforce of about 3,500 personnel, DOF ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. With over 35 years in the offshore business, the group has a strong position in terms of experience, innovation, product range, technology and capacity. DOF's core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector. From PSV charter to Subsea engineering, DOF offers a full spectrum of top quality offshore services to facilitate an ever-growing and demanding industry. The company's main operation centers and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentina, Canada, Angola, and Australia. DOF ASA is listed on the Oslo Exchange since 1997.