Transas Signs S-VDR Contract with DOF ASA

August 21, 2007

Transas Norway AS has signed a new contract for S-VDR with DOF Management AS of Storebø, Austevoll in Norway. The agreement covering the entire existing fleet of 13 vessels, began aboard Skandi Admiral in late June. DOF Management AS is a daughter company of DOF ASA, a group of companies which owns and operates a modern fleet of offshore service vessels, and also owns entities which provide services to the subsea market. DOF was founded in 1981, and was listed on the Oslo Stock Exchange in 1997. Historically DOF has mainly operated in Europe, but today is highly international with branch offices all over the world. The DOF fleet is one of the youngest and most modern in the market, consisting of the following vessels which are both innovative and specialized: Platform Supply fleet Vessels

Transas Signs S-VDR Contract with DOF ASA

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