DOF Group ASA - Subsea mooring installation contract award in the APAC region

09 Apr 2025 09:32 CEST

DOF Group ASA ("DOF") is pleased to announce a Substantial contract award for
subsea mooring installation services in the APAC Region. The contract will
utilise Skandi Hercules with related moorings and installation subsea services.
The scope of work includes DOF's in-house project management and engineering,
procurement and logistics support services.

Offshore execution in West Australian waters is scheduled in Q3 2025 with the
vessel engaged on the project for approximately 2 months.

Mons Aase, CEO DOF Group ASA, said: "The award secures substantial backlog for
the APAC region in the second half of 2025, and we look forward to delivering a
safe and successful project."

DOF defines a Substantial contract as a contract with value between USD 25
million and 50 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 vessels which is combined with strong engineering capabilities to
provide integrated services globally.

www.dof.com

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