DOF Group secures over $60m in new project awards

DOF Group ASA has been awarded several new contracts in the Atlantic region, expected to be executed during Q4 2025 and Q1 2026. These awards total over 250 firm vessel days, with a combined value exceeding $60 million, excluding optional work. Vessels like Skandi Hera, Skandi Master, Skandi Installer, and Havila Phoenix will undertake various subsea projects, including trenching, burial services, decommissioning, and IMR activities across West Africa and the North Sea.

Additionally, DOF secured a multi-year "Significant" contract with Shell Trinidad and Tobago Limited in the North America region. This contract, valued between $15 million and $25 million, involves providing integrated Inspection, Maintenance, and Repair (IMR) services, including vessel and ROVs. The work spans 190 days across 2025, 2026, and 2027.

Mons S. Aase, chief executive of DOF Group ASA, highlighted the strong order intake during the North Sea winter season, crediting the fleet's capabilities and DOF's project execution expertise in challenging weather conditions. All contracts encompass project management, logistics, engineering, and offshore execution, managed by DOF's teams in Norway and Scotland.