DOF Contract and Fleet update

28 Nov 2022 15:25 CET

DOF Group is pleased to announce multiple new contracts in Atlantic region and
the long-term charter of the CSV vessel Havila Phoenix.

The region has been awarded an Integrated Field Support Vessel (FSV) contract
with an international operator in West-Africa. The contract is 365 days firm,
with 365 days of options. DOF shall deliver project management, engineering,
procurement and logistics within deep-water construction and maintenance of
existing subsea infrastructure. The project shall utilise Skandi Seven for the
contract.

The region has also been awarded multiple FEED studies towards prospective
floating wind developments in the Atlantic region. DOF shall use its project
management, engineering and logistical expert teams to outline marine operation
solutions, including mooring and dynamic cable installation.

DOF is further pleased to announce the charter of Havila Phoenix on a 3-year
firm plus 2-year option contract, with commencement in Q1, 2023. Havila Phoenix
is a large and modern CSV, equipped with one 250-ton AHC offshore crane, one
20-ton AHC offshore crane, 2 WROVs and a large construction deck. The vessel
will be utilised within the DOF Subsea’s project segment.

Mons Aase, CEO DOF Subsea AS, said, “I`m pleased with the award for a new
integrated FSV contract in West-Africa, once again proving our ability to
deliver complex marine operations and engineering services. I also welcome
Havila Phoenix into our fleet of advanced subsea vessels.

For further information, please contact:

Mons S. Aase, CEO, DOF Subsea. Tel: +47 91 66 10 12
Marianne Møgster, SVP Finance, DOF Subsea. Tel: +47 99 30 69 16


About DOF Subsea:

The DOF Subsea Group is a specialist subsea service business that provides
subsea construction, subsea engineering, inspection, repair and maintenance and
survey services, which involve complex and challenging engineering in an
international environment.

DOF Subsea owns a large fleet of modern subsea construction, intervention and
survey vessels that enable it to offer differentiated positions with its clients
and work in long term relationships, which enhance service delivery and reduce
the overall risk.

The company’s core business is project management, engineering, vessel
operations, survey, remote intervention and diving operations, primarily for the
Offshore Energy, Marine Telecommunications and Renewables markets.

www.dofsubsea.com

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