DOF Group ASA - Contract award for FPSO installation project

14 Mar 2025 14:58 CET

DOF Group ASA ("DOF") is pleased to confirm the award for an FPSO installation
project from an undisclosed client in the Atlantic region.

DOF shall deliver project management, engineering, logistical services and
offshore execution. To carry out the installation duties, DOF shall utilize two
of its AHTS (Anchor Handling Tug Supply) vessels. The project is scheduled for
execution in Q2, 2025 in Africa.

The contract value is Significant, which DOF defines as a contract with value
between USD 15 million and 25 million.

For further information, please contact:

Eirik Vardøy, Investor Relations DOF Group ASA
Phone: +47 94 83 64 64

About DOF:
DOF Group ASA (OSE ticker: DOFG) is a leading provider of offshore and subsea
services to the offshore energy industry. The company owns and operates a fleet
of modern offshore/subsea vessels which is combined with strong engineering
capabilities to provide integrated offshore services globally.
www.dof.com

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