DOF Group ASA - Project awards for Skandi Inventor

19 Jun 2025 15:13 CEST

DOF Group ASA ("DOF") is pleased to announce the award of multiple contracts for
the Skandi Inventor in the Atlantic region, securing more than 100 days of firm
work, with additional options available.

The Skandi Inventor, a state-of-the-art DP3 construction vessel equipped with a
400-ton Active Heave Compensated (AHC) crane and a large working deck, has
recently undergone significant upgrades. The vessel is now fitted with two brand
new Work Class ROVs (WROVs) and a modern survey suite, all of which will be
fully operated by DOF.

Mons S. Aase, CEO of DOF Group, commented:

"We are pleased to welcome the Skandi Inventor to the North Sea and to see
immediate project intake across Q2, Q3 and Q4 2025. These awards reflect DOF's
strong position across both Oil & Gas and Renewable segments."

Preparations are already underway, with DOF delivering a full scope of project
management, engineering, logistics, and offshore execution as part of the
awarded campaigns.

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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