DOF Group ASA - Awarded a subsea services contract by bp in the Atlantic region

10 Nov 2025 13:14 CET

DOF Group ASA ("DOF") is pleased to announce that it has been awarded a 3-year
firm and 2-year options contract with bp for the provision of subsea services in
the Atlantic region.

Under the agreement, DOF will deploy high-capability subsea vessel asset to
support bp with subsea construction, installation, repair, and maintenance (IRM)
operations. Offshore operations are expected to commence in the first quarter of
2026.

Mons S. Aase, DOF Group ASA CEO, said:

"We are proud to be awarded a contract with bp for subsea services in the North
Sea. This agreement represents a significant step forward for DOF and our UK
subsea organization. We are committed to delivering best-in-class services, with
an uncompromising focus on safety and operational performance in the years
ahead."

Financial details related to the agreement, including rates and overall revenue,
will remain undisclosed.

Preparations are already underway, with DOF providing a comprehensive scope
encompassing project management, engineering, logistics, and offshore execution
as part of the service.

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

More information:
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