DOF Group secures major contract extension with Prime Energy

DOF Group is pleased to announce that Prime Energy Resources Development B.V. (Prime Energy) has extended the contract for provision of the MPSV Skandi Hawk to the end of 2027.

DOF has been providing MPSV and subsea services to Prime Energy (formerly Shell Philippines Exploration B.V) in support of the Malampaya gas field operations offshore Philippines since April 2015 and subsea support and IRM services for 13 years prior to that. An agreement has now been reached to extend the existing contract including Project Management and Engineering services, Subsea Inspection, Repair and Maintenance Services and the Multipurpose Platform Supply Vessel (MPSV) Skandi Hawk from February 2024 until 31 December 2027 in support of the continued operation and growth of the Malampaya field operations.

Mons Aase, CEO DOF Group ASA, said: “This is a substantial contract extension with an estimated value of over USD 60M. It builds on the successful partnership between our team in APAC with Prime Energy and the Malampaya field since production commenced and we look forward to continuing to support Prime Energy in the years to come.”

For further information, please contact:

Martin Lundberg, SVP Finance and Investor Relations DOF Group ASA
Phone: +47 916 21 057

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