The shares in DOF Group ASA will be traded ex-dividend of USD 0.30 per share as from today...
The shares in DOF Group ASA will be traded ex-dividend of USD 0.30 per share as from today, 21 May 2025. Please note that the payment will be made in NOK at NOK 3.09447 per share. The payment will be made on 5 June 2025.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
For further information, please contact:
Eirik Vardøy, Investor Relations DOF Group ASA
Phone: +47 94 83 64 64
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DOF Group is pleased to announce that an option has been exercised for the vessel Skandi Africa. The firm commitment now runs until February 2026.
For further information, please contact:
Martin Lundberg, SVP Finance and Investor Relations DOF Group ASA
Phone: + +47 916 21 057
E-mail: martin.lundberg@dof.com
DOF Group ASA will present the Q4 results on Friday 23rd of February 2024. The report will be available at www.dof.com and www.newsweb.no.
The presentation of the quarterly results will be held at 08:30 CET at Norges Rederiforbund, Rådhusgaten 25, 7th floor, Oslo, and as a webcast at the same time on: https://www.dof.com/webcast
The presentation will be held by Chair of the Board Svein Harald Øygard, CEO Mons S. Aase and CFO Hilde Drønen.
Due to practical reasons, we ask those of you interested in attending the presentation at Norges Rederiforbund to please register to Margrethe R. Østervold, e-mail mro@dof.com, within Wednesday 21st of February.
For further information, please contact:
Martin Lundberg, SVP Finance and Investor Relations DOF Group ASA
Phone: +47 916 21 057
E-mail: martin.lundberg@dof.com
Hilde Drønen, CFO of DOF Group ASA, has decided to step down from her role by the end of 2024. Drønen has served the position as CFO since 2005.
Martin Lundberg, SVP Finance and Head of Investor Relations, will be appointed as the new CFO for the Group and will work closely with Mrs. Drønen until the end of the year.
CEO Mons S. Aase says: “I’ve been working together with Hilde for more than 25 years and I am thankful for her huge contribution and capacity through all these years. Hilde has provided the company with strong financial leadership and has been instrumental in positioning DOF for long-term success and especially through the recent financial restructuring”.
Hilde Drønen says: “It has been an exciting journey working for DOF and I feel privileged and proud being part of the DOF team. I am very confident that Martin is the right person in his new role due to his extensive knowledge and experience in DOF.”
Lundberg joined DOF in 2010. He was promoted to CFO DOF Subsea from January 2021 until being appointed SVP Finance/Head of IR in 2023.
We will soon start the search for a replacement for Mr. Lundberg as Head of IR and any candidates are welcome to contact Mrs. Drønen (+47 91661009) or Mr. Lundberg (+47 91621057).
For further information please contact: Mons Aase, + 47 91661012
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DOF is pleased to announce a contract award and a contract extension securing further backlog for the APAC region.
The latest contract secured for the region will utilise Skandi Hercules and see the vessel fully utilised off the Australian coast into Q3 2024. The contracted scope includes project management and engineering, logistics support and execution of various inspection, maintenance, and repair (IMR) activities.
In addition, a contract extension has been secured for Skandi Singapore with the vessel fully committed through Q3 2024 with further options available into Q1 2025.
The combined value is in excess of USD 20 million for the firm part.
Mons Aase, CEO DOF Group ASA, said: "I am very pleased with these awards bringing the APAC region close to full utilisation for first half 2024 at improved rates and margins."
For further information, please contact:
Martin Lundberg, SVP Finance, and Investor Relations DOF Group ASA
Phone: +47 91 62 10 57
E-mail: martin.lundberg@dof.com
DOF has been awarded a contract by Altera Infrastructure to install one FPSO (Floating Production, Storage and Offloading unit) and one FSO (Floating Storage unit) for the phase 2 development of the Baleine field in Cote d'Ivoire, West Africa, operated by Eni with Petroci Holding as partner.
The project includes the complete installation of seabed mooring systems, flowline between FSO and FPSO, and associated equipment.
DOF`s contract scope includes project management, engineering, transportation, installation and hook-up of floating units in the field. DOF shall mobilize Skandi Skansen to the project, totaling more than 130 vessel days.
"This award recognizes DOF`s solid performance within installation of floating units. We look forward to executing the project safely and successfully", says Mons S. Aase, CEO in DOF Group.
Project Management and engineering will commence immediately from DOF`s offices in Bergen, Norway and Aberdeen, Scotland. Offshore operations are planned to take part from Q3, 2024.
For further information, please contact:
Martin Lundberg, SVP Finance and Investor Relations DOF Group ASA
Phone: + +47 916 21 057
E-mail: martin.lundberg@dof.com
DOF is very pleased to announce a Substantial Contract with an international oil company for the PSV Skandi Kvitsøy. The vessel will work in Australian waters and further strengthen the DOF Group’s presence in Australia. Commencement will be Q1 2024 with 2-year firm and 2 years options.
For further information, please contact:
Martin Lundberg, SVP Finance and Investor Relations DOF Group ASA
Phone: + +47 916 21 057
E-mail: martin.lundberg@dof.com
DOF Group defines a Substantial Contract as a contract with value between NOK 250 million to NOK 500 million.
DOF is very pleased to announce a Large Contract with Equinor Energy for the AHTS Skandi Iceman. The award means that the DOF Group will have two anchor handlers supporting Equinor’s Norwegian operations until 2027 at the earliest with Skandi Vega having been on charter to Equinor since delivery 2010. This contract will build on the long-term relationship between the DOF Group and Equinor for AHTS services. The contract also includes ROV services provided by the DOF Group. Commencement will be Q2 2024 with 3-year firm and 3x1 year options.
Mons Aase, CEO DOF Group ASA, said, “This award demonstrates the performance of our anchor handling vessels and our crews. We are very happy to see Equinor selecting DOF for another long term AHTS contract”
For further information, please contact:
Martin Lundberg, SVP Finance and Investor Relations DOF Group ASA
Phone: + +47 916 21 057
E-mail: martin.lundberg@dof.com
DOF Group defines a Large Contract as a contract with value between NOK 500 million to NOK 1 billion