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DOF cites ROVs in $195M Brazil re-hire


Published Oct 21, 2008
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DOF anchor handler

Norway-based offshore fleet owner DOF Subsea has secured word from Brazilian oil company Petrobras of the extension of three charter contracts worth another 1.3 billion kroner ($195 million) over six years.

DOF's share price rose 17.77 percent on the news.

DOF’s Brazilian business Norskan secured its Memorandum of Understanding for three anchor-handling tug supply vessels: Norskan Botafogo, Skandi Rio and Skandi Fluminence. DOF Subsea Brazil will provide ROV services onboard two of the vessels, work included in the contract estimate, the company said Tuesday.

The UT 722 L designs are built, flagged and crewed in Brazil

Tags: DOF Subsea Norway



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