28 August 2025: DOF Group ASA ("DOF") has mandated DNB Carnegie and Pareto Securities as Global Coordinators and Joint Bookrunners...
28 August 2025: DOF Group ASA ("DOF") has mandated DNB Carnegie and Pareto Securities as Global Coordinators and Joint Bookrunners, and Clarksons Securities and Danske Bank as Joint Bookrunners, to arrange a series of investor meetings commencing Friday 29 August 2025.
A new USD denominated 5-year senior unsecured bond issue may follow, subject to inter alia market conditions.
The net proceeds from the contemplated bond issue shall be applied to refinance existing debt and for general corporate purposes.
Contact information:
Eirik Vardøy, Investor Relations DOF Group ASA
Phone: +47 94 83 64 64
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DOF Subsea has been awarded a contract in the Atlantic region to undertake a FPSO hook-up offshore Nigeria. DOF Subsea will deploy the Skandi Skansen to undertake the works in Q3 2018. This contract reaffirms DOF Subsea's position as a leading mooring installation and hook-up contractor. For further information DOF Subsea - Tel: +47 99 30 69 16 About DOF Subsea: The DOF Subsea Group is a specialist subsea service business that provides subsea construction subsea engineering inspection repair and maintenance and survey services which involve complex and challenging engineering in an international environment. DOF Subsea owns a large fleet of modern subsea construction intervention and survey vessels that enable it to offer differentiated positions with its clients and work in long term relationships which enhance service delivery and reduce the overall risk. The company's core business is project management engineering vessel operations survey remote intervention and diving operations primarily for the Oil and Gas Marine Telecommunications and Renewables markets. www.dofsubsea.com
Responsibility & Application:
All DOF Group employees and subcontractors have an individual responsibility to ensure that they and their colleagues cooperate with the Group to achieve its environmental objectives. This Policy applies to all DOF business units and operations.
All individuals have a responsibility within the DOF Group towards the environment as outlined in the DOF Group policy. All personnel must complete the Environmental Awareness E-Learning module to gain a greater understanding of individual roles and responsibilities.
The Environmental Management System (EMS) takes into account industry bodies, guidelines, codes of practice and best practice techniques at local, regional, national and international levels.
In certain cases, it may be necessary for activity-specific or project- specific environmental management plans to be constructed. The content will be defined by specific factors such as client requirements, project work scope, ecological/social factors and local legislative / statutory requirements.
There are a number of principles used by DOF Group to help frame our approach and commitment to the management of the environment in which we work:
• Sustainable Operations
• Polluter Pays Principle
• Precautionary Principle
• Duty of Care
The DOF Group has a series of systems to identify foreseeable hazards and risks for Group activities. "As Low As Reasonably Practicable" (ALARP) is the tolerated level of environmental risk. Environmental impact is included in project risk assessment where there is an obvious potential for impact to the environment.
DOF Group utilises a number of control measures including Continuous Review, Procedural / Organisational Barriers, and Technical Barriers.
The following criteria are used to create a Environmental Impact report:
• Water pollution
• Air Pollution
• Biodiversity
• Contaminated Land
Carbon Disclosure Project scores DOF Group a “A-” for 2020 reporting
Defining and measuring environmental sustainability risks associated with business operations is an important activity for the DOF Group. The 2020 result is a clear statement of the Company’s commitment and the DOF Group will continue to develop the reporting routines, accuracy in reporting and target setting to improve further in the coming years.
Carbon Disclosure Project (CDP) is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information.
DOF ASA annually reports the total CO2 emitted by the company, and also our mitigating measures and actions.
Visit the CDP website: www.cdproject.net