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North Sea, Asia Pacific, Contracts for DOF Subsea

Maritime Activity Reports, Inc.

January 10, 2013

DOF Vessel 'Geosund': Photo credit DOF Subsea

DOF Vessel 'Geosund': Photo credit DOF Subsea

DOF Subsea Group has secured multiple contract awards with a total contract value of about US$ 130-million.

In the North Sea region DOF Subsea has secured multiple contracts. The contracts have been agreed with key clients in UK and Norway. The scopes comprise installation of mooring system and flexible flowline systems, construction support, survey and inspection work and will be executed with the vessels Skandi Skolten, Geosund, Geoholm and the new built Skandi Bergen. The engineering will be done at DOF Subsea's offices in Aberdeen and Bergen.

In the Asia Pacific region DOF Subsea has secured several contracts with four key clients. The contract awards span a wide range of subsea project activities and include subsea structure installation, pipe lay and field maintenance in Australia, Indonesia and the Philippines. The contracts will increase the utilization of the vessels Skandi Hercules and Skandi Hawk.

Mons S. Aase, CEO of DOF Subsea stated that he was pleased to see the contract coverage for the project fleet improved by these conracts.


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