06 Feb 2026 14:19 CET

Issuer

DOF Group ASA

DOF Group ASA ("DOF") is pleased to announce a Substantial* contract award with
Shell Offshore Inc. for the provision of Hydraulic Subsea Well Intervention
Services.

Under the contract, DOF's regional subsea team in North America will be
responsible for the provision of project management, engineering, intervention
vessel, and all relevant surface and subsea services required to deliver
chemical fluid into the selected subsea wells.

Offshore execution is scheduled to start in Q2 2026 with combined vessel
utilization between 75 and 120 days in the US Gulf.

Mons S. Aase, CEO DOF Group ASA, comments: I am delighted to see how DOF is
continuously expanding our portfolio of services and adding value to our clients
and other stakeholders.

*DOF's defined value range for a Substantial contract is USD 25 - 50 million.

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


Source

DOF Group ASA

Provider

Oslo Børs Newspoint

Company Name

DOF GROUP ASA, DOF Group ASA 25/30 8,125% USD C

ISIN

NO0012851874, NO0013647701

Symbol

DOFG

Market

Euronext Oslo Børs