16 Mar 2023 09:09 CET

The DOF Group is delighted to announce a new four-year firm contract for the PSV
Skandi Gamma with current client Ithaca Energy (UK) Limited. The award, which
also includes 2 x 1-year options, will commence in direct continuation of the
current contract on 1st May 2023.  The vessel has been working on the UKCS for
London listed Ithaca Energy since May 2021 and the DOF Group is delighted to be
building on the long-term partnership with a leading UK independent energy
company.

 Mons S. Aase, DOF Group CEO say: “I’m very pleased with this award. The present
contract had 2 x 1 years remaining options; that we have agreed to replace these
options with a new long-term contract is proof of the strong relationship we
have with Ithaca Energy and the good performance of the vessel.”

For further information, please contact:

Mons S. Aase, CEO, DOF Group. Tel: +47 91 66 10 12

Hilde Drønen, CFO, DOF Group Tel: +47 91 66 10 09





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


Source

DOF Subsea AS

Provider

Oslo Børs Newspoint

Company Name

Dof Subsea AS 18/23 FRN

ISIN

NO0010836810

Market

Oslo Børs