DOF Group ASA - Long-term RSV contract in Brazil

30 Dec 2025 07:57 CET

DOF Group ASA ("DOF") is pleased to announce one new long-term RSV contract in
Brazil.

Following the same competitive tender process that resulted in six 4-year RSV
contract awards previously announced, DOF is pleased to announce the signing of
a 4-year contract with Petrobras for the RSV Skandi Commander. A unique feature
of Skandi Commander's contract is that it features an Autonomous Underwater
Vehicle (AUV) to be utilised as part of the vessel's duties in addition to the
Remote Operated Vehicle (ROV). Expected commencement of the contract is in
January 2027. The value of the contract is approximately USD 150 million.

Mons Aase, DOF Group ASA CEO, commented: "I am proud of our achievements in
Brazil this year, adding in excess of USD 2 billion to our backlog from the
AHTS, RSV and PIDF tenders. We celebrate a milestone with 25 years of DOF in
Brazil this year, and we now have a strong foundation for continued value
creation in the years to come with a large portion of our fleet in Brazil on
firm contracts that go beyond 2030."

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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