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DOF Group ASA - Awarded Subsea Decommissioning Contract in the North Sea

DOF Group ASA ("DOF") is pleased to announce the award of a Significant* contract with a North Sea operator for a subsea decommissioning campaign.

The contract scope includes project management, engineering, offshore execution and disposal services for the removal of subsea infrastructure and seabed clearance across multiple offshore fields. The offshore campaign is scheduled for execution during the first quarter of 2027.

DOF will utilise its integrated decommissioning capabilities, combining in-house engineering, project management, marine operations, ROV services, survey and offshore execution. Offshore operations will be performed by one of DOF's Construction Support Vessels (CSVs).

Mons S. Aase, CEO DOF Group, said: "We are pleased to secure this contract and look forward to delivering a safe and efficient decommissioning campaign. The award reflects the strength of DOF's integrated service offering and our ability to execute complex offshore projects across the full project lifecycle."

The award further strengthens DOF's position within the decommissioning market and highlights the continued demand for integrated end-of-life solutions for offshore infrastructure.

* DOF defines a Significant contract as a contract with a value between USD 15 million and USD 25 million.

Contact information:
Eirik Vardøy, Investor Relations DOF Group ASA
Phone: +47 94 83 64 64

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