DOF Group ASA will present its Q1 2025 results on Friday 16 May 2025 at 14:00 CEST. The report will be available at www.dof.com and www.newsweb.no.
The presentation will be digital only and will be available on https://www.dof.com/webcast, and a recording of the presentation will be published on the same webpage after the event.
The presentation will be held by CEO Mons S. Aase and CFO Martin Lundberg.
For further information, please contact:
Eirik Vardøy, Investor Relations DOF Group ASA. Phone: +47 948 36 464
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DOF Group ASA is pleased to invite investors, analysts and other stakeholders to its Capital Markets Day on Tuesday 10 September 2024 at 11:30 - 15:00 CEST in Oslo.
The presentation will be held by DOF's CEO Mons Aase, CFO Hilde Drønen and other key executives across the company, and will cover the following topics:
- Introduction
- Operational deep dives
- Maersk Supply Service transaction highlights
- Finance update
- DOF's ESG commitment
- Q&A
Practical information:
Location: The event will take place at the office of Pareto Securities in Dronning Mauds gate 3, 0155 Oslo.
Date and time: 10 September 2024. The presentation will start at 11:30 CEST.
Refreshments will be served from 11:00 CEST.
Please use the following link to register physical attendance: https://invitepeople.com/events/df84de9e09
A live webcast for those not attending in person will be available on https://www.dof.com/webcast, and a recording of the presentation will be published on the same webpage after the event.
For further information, please contact:
Mons S. Aase, CEO, DOF Group ASA
Phone: + 47 91 66 10 12
Hilde Drønen, CFO, DOF Group ASA
Phone: + 47 91 66 10 09
DOF Subsea is pleased to announce an agreement for the extension for the vessel Skandi Africa. The new commitment will now run until May 2028 and will commence in direct continuation with the current commitment.
Skandi Africa is a high-end subsea vessel designed for harsh environment and deepwater subsea construction and flexlay operations.
DOF Subsea CEO, Mons S. Aase, stated, "Skandi Africa is the most sophisticated vessel in our fleet and we are looking forward to continuing the journey, delivering successful installation campaigns."
For further information, please contact:
Mons S. Aase, CEO, DOF Group ASA. Tel: +47 91 66 10 12
Hilde Drønen, CFO, DOF Group ASA. Tel: +47 91 66 10 09
DOF is pleased to announce a new long-term contract with Petrobras out of the last pipelay support vessel (PLSV) tender and an extension of the current contract for the PLSV Skandi Açu. The existing contract has been extended to mid-2026. This extension will be followed by the new 3-year contract ending mid-2029.
We are also pleased to advise that PLSV Skandi Buzios went back on-hire to Petrobras on August 1st, 2024.
Both vessels are owned by Techdof AS, a joint venture between DOF Subsea (50%) and TechnipFMC (50%).
Mons S. Aase, CEO DOF Group ASA, said, “We are pleased to announce another award under this PLSV tender, adding important back log to the Group, and it confirms our long relationship with Petrobras".
For further information, please contact:
Mons S. Aase, CEO, DOF Group ASA. Tel: +47 91 66 10 12
Hilde Drønen, CFO, DOF Group ASA. Tel: +47 91 66 10 09
DOF Group ASA will release the Q2 results on Wednesday 21st of August 2024. The report will be available at www.dof.com and www.newsweb.no.
The presentation of the quarterly results will be held on "Vestland på Børs", Scandic Flesland Airport Hotel at 10:45 CEST, and as a webcast at 14:00 CEST the same day on: https://www.dof.com/webcast.
The presentation will be held by CEO Mons S. Aase and CFO Hilde Drønen.
For further information, please contact:
CEO Mons Aase, Tel + 47 91 66 10 12
CFO Hilde Drønen, Tel + 47 91 66 10 09
Austevoll, 26 July 2024: Reference is made to the stock exchange announcement made by DOF Group ASA (the "Company", OSE ticker code "DOFG") on 2 July 2024 regarding an agreement to acquire Maersk Supply Service A/S (the "Transaction"), and on 5 July 2024 regarding an extraordinary general meeting to be held on 26 July 2024 (the "EGM"). The EGM was held today as a digital meeting with online participation. All proposals on the agenda were adopted, cf. the notice of the EGM that was published on 5 July 2024.
The EGM elected two new board members: Erik Bergöö as the vice chairperson of the board and Kristin H. Holth as a new board member. The elections are subject to, and apply for a period of two years from, closing of the Transaction. The new members of the board accede their positions at the time of completion of the Transaction. The board of DOF Group ASA will thus, following the completion of the Transaction, consist of the following persons:
Svein Harald Øygard (chair of the board)
Erik Bergöö (vice chairperson of the board)
Harald Lauritz Thorstein
Daniela Davila
Christine J. Brennet
Adrian Geelmuyden
Kristin Holth
The complete minutes of the extraordinary general meeting are attached to this release and are also available on www.dof.com.
For further information, please contact:
Mons S. Aase, CEO, DOF Group ASA
Phone: + 47 91 66 10 12
E-mail: mons.aase@dof.com
Hilde Drønen, CFO, DOF Group ASA
Phone: + 47 91 66 10 09
E-mail: hilde.dronen@dof.com
Austevoll, 22 July 2024: Reference is made to the stock exchange announcement made by DOF Group ASA (the "Company", OSE ticker code "DOFG") on 2 July 2024 regarding an agreement to acquire Maersk Supply Service A/S (the "Transaction"), and on 5 July 2024 regarding the extraordinary general meeting to be held on 26 July 2024 (the "EGM").
The nomination committee of the Company has submitted its recommendation to the EGM. Subject to the Transaction being completed, the nomination committee of the Company has proposed to elect two new members to the board of directors, based on a proposal from Maersk Supply Services Holding ApS. The following board members are nominated:
- Erik Bergöö (nominated as vice chairperson of the board).
- Kristin Holth (nominated as new board member).
The new members of the board will, if elected, accede their positions at the time of completion of the Transaction.
In addition, the nomination committee of the Company has nominated Martin Larsen as the new chairperson of the nomination committee. The new chairperson of the nomination committee will, if elected, accede his position at the time of completion of the Transaction.
The nomination committee's recommendation, including a brief description of the candidates, is enclosed hereto and will be made available on the Company's website www.dof.com.
For further information, please contact:
Mons S. Aase, CEO, DOF Group ASA
Phone: + 47 91 66 10 12
E-mail: mons.aase@dof.com
Hilde Drønen, CFO, DOF Group ASA
Phone: + 47 91 66 10 09
E-mail: hilde.dronen@dof.com
In connection with the extraordinary general meeting of DOF Group ASA (the "Company") to be held on 26 July 2024, Svein Harald Øygard, in his capacity as chair of the board of directors of the Company, has received proxies without voting instructions for 9,570,874 shares, representing 5.18% of the total number of shares and votes in the Company. The proxies received include 716 026 shares, representing 0,388% of the total number of shares and votes in the Company, held by Energy Investors AS, a close associate of Svein Harald Øygard. The proxies are only valid for the extraordinary general meeting on 26 July 2024.
DOF is pleased to announce multiple contract awards with Petrobras and a 1st Tier EPCI-SURF Contractor in Brazil.
AHTS Skandi Jupiter and AHTS Skandi Mercury, both under management contracts with DOF, have been contracted by Petrobras to operate as AHTS 230t BP after the same competitive tender process earlier this year that led to the contract of Skandi Amazonas, Skandi Rio and Skandi Botafogo.
Both Skandi Jupiter and Skandi Mercury are currently operating in the North Sea region and are planned to be mobilized to Brazil after modifications to comply with Petrobras requirements. Both contracts, with 3-year durations plus options, are scheduled to start by 2Q or 3Q 2025 but can be adjusted by mutual agreement.
Also in Brazil, Skandi Salvador, a Brazilian built and flagged MPSV equipped with 140t AHC crane and two WROVs, was chartered by a 1st Tier EPCI-SURF Contractor for a 180-day firm period plus options, to support their operations at Petrobras Pre-Salt fields developments. Contract commencement is immediately.
Skandi Salvador is currently operating for Petrobras at Libra as a MPSV with redelivery scheduled for the beginning of August. Geoholm has started the contract as a front runner until Skandi Salvador is released from her current commitments.
In parallel with the charter contract, the 1st Tier EPCI Contractor also awarded a Survey Services contract on board of both vessels to DOF Subsea Brazil.
Mons S. Aase, CEO DOF Group ASA, said, “We are pleased to announce several new contracts in our region Brazil. With Skandi Jupiter and Skandi Mercury we are expanding our fleet and further increasing our footprint in the AHTS segment in the region. With Salvador and Survey Services Contracts we are expanding our client base and reinforcing our position on Survey Services in Brazil”.
For further information, please contact:
Mons S. Aase, CEO, DOF Group ASA. Tel: +47 91 66 10 12
Hilde Drønen, CFO, DOF Group ASA. Tel: +47 91 66 10 09
Reference is made to the stock exchange announcement made by DOF Group ASA (the "Company", OSE ticker code "DOFG") on 3 July 2024 regarding the successful placement of 10,746,364 new shares in the Company (the "Private Placement"), as well as the resolution by the board of directors to increase the Company's share capital with NOK 20,149,432.50 by the issuance of 8,059,773 new shares in connection with the settlement of tranche 1 of the Private Placement ("Tranche 1").
The share capital increase pertaining to the issuance of 8,059,773 new shares in Tranche 1 has today been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret).
Following the share capital increase, the Company's share capital is NOK 461,772,477.50, divided into 184,708,991 shares, each with nominal value of NOK 2.50.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
For further information, please contact:
Mons Aase, CEO DOF Group ASA
Phone: +47 91 66 10 12
Hilde Drønen, CFO DOF Group ASA
Tel: +47 91 66 10 09
The DOF Group is pleased to announce a new contract award for its fleet in Brazil for Petróleo Brasileiro S.A. ("Petrobras"). The AHTS18000 Skandi Rio will support Petrobras' exploration and production activities on the Brazilian continental shelf. The vessel is owned and operated by Norskan Offshore Ltda. while DOF Subsea Brasil Servicios Ltda. will be responsible for the ROV operations. Both companies are 100% owned subsidiaries of DOF ASA.
The contract duration is for 3+1-year with expected commencement in December/January. Skandi Rio is a Brazilian built and flagged AHTS vessel equipped with Work Class ROV's for operations down to 3.000m water depth.
Mons Aase, CEO in DOF Group, states: I am very pleased with the contract award, which confirm the DOF Group's strong position in the South America region.
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 3,150 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.