Dof Group News

DOF Group has entered into an agreement to purchase the very high-end AHTS vessels Aurora Saltfjord and Aurora Sandefjord.The vessels are 2011-built and feature a bollard pull of almost 400 metric tonnes, making them among the most powerful AHTS vessels globally.The vessels are among the most recently built in their segment (AHTS >300mt bollard pull), a segment which sees no newbuilding activity due to prohibitive newbuilding costs. DOF sees a very strong market outlook for projects that require high-end AHTS vessels in the years to come…

DOF Group ASA announced the award of a substantial contract for a project in Argentina. The project is scheduled for offshore operations across two campaigns in Q2 and Q3-Q4 of 2026 and will encompass mooring pre-lay, pipeline end manifold installation/construction management, tie-in spools installation, hook-up and pre-commissioning of two CALM buoys, and diving services. DOF will utilize Skandi Hera and Skandi Patagonia for the project with an expected combined duration of more than 250 days.Preparations are underway…

Norwegian offshore vessel owner DOF Group has secured a new four-year contract with Petrobras for the remotely operated support vessel (RSV) Skandi Commander.The contract was awarded following the same competitive tender process that led to six previous four-year RSV contracts announced earlier.The Skandi Commander will be equipped with both a Remote Operated Vehicle (ROV) and an Autonomous Underwater Vehicle (AUV), the latter being a unique feature of this agreement.The contract…

Norwegian offshore vessel owner and subsea services provider DOF Group has secured two contracts for its vessels and services in the Asia-Pacific (APAC) region.DOF signed a three-year frame agreement for the provision of subsea inspection, maintenance and repair services with associated assets in the APAC region.A call off under the contract has also been confirmed and will utilize DSV Skandi Singapore and all related diver-less subsea services on a brownfield tieback campaign…

Norwegian offshore vessel owner and subsea services provider DOF Group has secured several new project awards in the Atlantic region and a separate contract in North America with Shell.The Atlantic region awards, amounting to over $60 million, will be executed primarily using DOF’s regional fleet during the fourth quarter of 2025 and the first quarter of 2026. The contracts represent more than 250 firm vessel days, excluding optional work.In West Africa, DOF will deploy Skandi Hera and Skandi Master under direct contracts with an operator.

Norwegian offshore supply vessel owner DOF Group has secured seven new contract extensions with Petrobras for its offshore support vessels (OSVs) in Brazil, valued over $160 million.Five of DOF's Brazilian-flagged anchor handling tug supply (AHTS) vessels, all with ROVs on board, including Skandi Fluminense, Skandi Paraty, Skandi Angra, Skandi Urca and Skandi Iguaçu, have had their current contracts with Petrobras extended until the first quarter of 2027.The new four-year contracts…

Norwegian offshore supply vessel owner DOF Group has secured a contract with BP for the provision of subsea services in the Atlantic region.The three-year firm and two-year options contract will see DOF deploy a high-capability subsea vessel asset to support BP with subsea construction, installation, repair, and maintenance (IRM) operations.Offshore operations are expected to begin in the first quarter of 2026.Financial details related to the agreement, including rates and overall revenue…

DOF Group ASA's revenue for 3rd quarter totals USD 501 million and EBITDA totals USD 205 million. The operating profit (EBIT) is USD 138 million. Net financial cost amounts to USD -1 million, including unrealized currency gain of USD 20 million. The result after taxes is USD 107 million. The Group’s net interest-bearing debt is USD 1,332 million. The equity is USD 1,978 million giving an equity ratio of 46%.Key Highlights in the 3rd quarter:The Group delivered EBITDA of USD 205 million…

DOF Group ASA ("DOF") is pleased to announce that three PLSVs (pipelay support vessels) owned through a joint venture between DOF (50%) and TechnipFMC (50%) have secured contract extensions with Petrobras in Brazil.Skandi Vitória and Skandi Niterói have had their current contracts extended from Q4-2025 until Q1-2027. The 3-year contracts announced in June 2024 will now commence following the extension period. Skandi Açu has had its current contract extended from Q3-2026 until Q1-2027.

Norwegian offshore supply vessel owner DOF Group has secured contract extensions for two of its subsea vessels, both operating in Guyana.The contract extensions are for Skandi Nomad and Skandi Constructor, which will remain on duty for one more year each.Following the extensions, Skandi Nomad is contracted until the fourth quarter of 2026 and Skandi Constructor until the second quarter of 2027.Skandi Nomad is a 2010-built vessel, designed for subsea operations across a wide range of water depths and environmental conditions.Skandi Constructor is a 2009-built vessel…

Norwegian offshore supply vessel owner DOF Group has secured long-term contracts for two of its vessels with Petrobras for work offshore Brazil.The contracts, with a combined value of approximately $200 million, are for Skandi Chieftain high-spec subsea vessel and Skandi Olympia DP2 construction support vessel.The vessels have been awarded four-year charters with Petrobras.Both vessels will operate with one WROV and are expected to be delivered in October 2026.The contracts follow the same competitive tender process that resulted in the contract awards for DOF’s Skandi Achiever…

TotalEnergies has renewed the contract with the Norwegian offshore supply vessel owner DOF Group for its Skandi Patagonia construction support vessel (CSV), which will remain on duty in Argentina.The new contract will see the Skandi Patagonia CSV continue with its current client TotalEnergies in Argentina for a period of three years, with two further one-year extension options.The new contract will be effective from January 2026.Built in 2000 with a 50 t crane and offering diving service capacities…

Norwegian offshore supply vessel owner DOF Group has signed an agreement to sell the Skandi Handler anchor handling tug supply (AHTS) vessel.The sale has been made through DOF Group’s Danish subsidiary DOF Denmark. The company did not disclose the name of the buyer or the value of the transaction.The vessel is planned to be delivered to the new owner in the fourth quarter of 2025.Skandi Handler AHTS vessel is of UT 722 LE design. The vessel is 80 meters long with the breadth of 18 meters. Its total carrying capacity is 2592 t, and it is able to accommodate 27 people.

Norwegian offshore supply vessel owner DOF Group has secured a contract award for moorings hook-up services in the Asia Pacific (APAC) region.The contract will use construction support vessel (CSV) Skandi Hercules with related mooring and subsea installation services.The scope of work includes DOF’s full suite of in-house project management, engineering, procurement and logistics support services.Offshore execution is scheduled in the first quarter of 2026, and the vessel utilization under the contract is expected to be approximately four weeks.According to DOF…

Norwegian offshore supply vessel owner DOF Group has secured a contract with Petrobras for two of its anchor handling tug supply (AHTS) vessels.The two contracts, with a combined value of more than $220 million, are for Skandi Fluminense, a 2007 Brazilian-built AHTS vessel with 211t bollard pull, and Skandi Lifter, a foreign-flagged 250t AHTS built in 2009.The contracts for both vessels will run for four years.The agreements follow the same competitive AHTS tender process for Petrobras that resulted in the contracts of Skandi Logger…

Norwegian offshore supply vessel owner DOF Group has signed agreements to sell two of its anchor handling tug supply (AHTS) vessel to an international buyer.The sold vessels include Skandi Tender and Skandi Trader, both build in 2009.The sale of Skandi Trader is contingent upon the buyer’s inspection, DOF Group added, not disclosing any additional details.Both vessels are planned to be delivered to the new owner in September 2025.

DOF Group ASA is pleased to announce two new contracts in Brazil.Skandi Logger, an AHTS with 250t bollard pull built in 2009, has been contracted for a 4-year engagement with Petrobras, following the same competitive AHTS tender process that resulted in the contracts of Skandi Iguaçu, Skandi Angra, Skandi Paraty and Skandi Urca as previously announced. For this contract, expected to start in February 2026, Skandi Logger will be reflagged to Brazilian Flag.Resulting from another competitive tender process, Skandi Achiever has been contracted as RSV for a 4-year engagement with Petrobras.

DOF Group has signed multiple contracts for the Skandi Inventor subsea construction vessel (SCV) in the Atlantic region. The contract is for 100 days of firm work, with additional options available.The Skandi Inventor, a state-of-the-art DP3 construction vessel equipped with a 400-ton Active Heave Compensated (AHC) crane and a large working deck, has recently undergone significant upgrades. The vessel is now fitted with two brand new Work Class ROVs (WROVs) and a modern survey suite…

Norwegian offshore supply vessel owner DOF Group has secured four long-term charter and service contracts with Petrobras for its anchor handling tug supply (AHTS) vessels, worth approximately $480 million.As part of the new contracts, Skandi Iguaçu, one of the biggest AHTS vessels ever built in Brazil with over 350 mt bollard pull (BP) and large winch storage capacity has been contracted for four years with expected start in February 2026 in sequence with its current contract.Furthermore…

Norwegian offshore supply vessel operator DOF Group has secured a contract for subsea mooring installation services in Western Australia.Under the contract, DOF will use Skandi Hercules construction support vessel (CSV) with for moorings and installation subsea services.The scope of work includes DOF’s in-house project management and engineering, procurement and logistics support services.Skandi Hercules CSV has two permanently installed WROV systems and a 250Te AHC craneOffshore…

A new field support vessel being built by Crist S.A. in Gdynia, Poland, to operate on the Grand Banks off the coast of Newfoundland and Labrador, Canada, will feature a full propulsion scope from Steerprop.Vessel operating conditions on the Grand Banks are extremely challenging due to heavy seas, fog and icebergs. This emphasizes the importance of the ship’s propulsion thrusters in maintaining dynamic positioning and facilitating safe and reliable operations.Steerprop’s capabilities…

Norwegian offshore supply vessel operator DOF Group has secured a ‘very large’ subsea umbilical, riser, and flowline (SURF) project for an undisclosed energy company offshore Africa.Under the contract, DOF will deliver its full suite of project management, engineering, logistical and execution services to install flexible flowlines, risers, cables and associated subsea structures.DOF will also install a floating production unit on behalf of the client, offshore Africa.Offshore execution is planned in second half of 2025 and is expected to involve six DOF vessels and more than 450 vessel days…

Norwegian offshore supply vessel operator DOF Group has secured a contract for the installation of a floating, production, storage and offloading (FPSO) unit from an undisclosed client offshore Africa.DOF will deliver project management, engineering, logistical services and offshore execution.The contract value has been deemed ‘significant’ by DOF, which means its value is between $15 million and $25 million.To carry out the installation duties, DOF plans to utilize two of its…