The DOF Subsea Group has been awarded contracts with a total value of USD 800 million, including options.
DOF Subsea has, through its subsidiary DOF Subsea Chartering AS, entered into a time charter agreement with Technip for the newbuild VARD 800. The time charter contract starts when the vessel is delivered from the yard in June 2015, and has a period of 5 years firm with 5 x 1 year options.
In Brazil, the DOF Subsea Group has been awarded 5 ROV contracts by Petrobras. The ROV contracts have a period of 4 years firm with 4 years option. Three of the ROVs will be installed on DOF ASA owned vessels and the other two will be installed on third party vessels.
In the Asia Pacific region DOF Subsea has secured multiple contracts with key clients in Australian waters. The various work scopes span engineering and project management for FPSO installation and IMR services, survey, diving works and mooring spread installation.