DOF Group ASA - Contract extensions for three PLSVs in Brazil

03 Nov 2025 07:57 CET

DOF Group ASA ("DOF") is pleased to announce that three PLSVs (pipelay support
vessels) owned through a joint venture between DOF (50%) and TechnipFMC (50%)
have secured contract extensions with Petrobras in Brazil.

Skandi Vitória and Skandi Niterói have had their current contracts extended from
Q4-2025 until Q1-2027. The 3-year contracts announced in June 2024 will now
commence following the extension period. Skandi Açu has had its current contract
extended from Q3-2026 until Q1-2027. The 3-year contract announced in August
2024 will now commence following the extension period.

The contract extensions add approximately USD 100 million of backlog to DOF. All
other terms and conditions of the 3-year contracts previously announced remain
unchanged.
Mons Aase, CEO DOF Group ASA, said: "We are happy to extend the firm backlog of
these three high-end vessels into 2030. Together with other contracts previously
announced, DOF now has 17 vessels in Brazil with firm backlog extending towards
and into the next decade."

Contact information:
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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