DOF ASA

Business and Financial Review • Oct 18, 2019

Skandi Vega - extention of contract with Equinor EnergyAS

Equinor Energy AS has exercised a 6 months option connected to the Framework Agreement awarded in 2018. The vessel will be utilized firmfrommid November 2019 until mid May 2020.

The CEO, MonsAase comments "Skandi Vega has served Equinor since 2009 and we are satisfied that the vessel is secured firmwork through the coming winter season"

Contact persons:

CEO Mons S.Aase, +47 91 66 10 12

CFO Hilde Drønen, +47 91 66 10 09

With a multi-national workforce of about 3,500 personnel, DOF ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. With over 35 years in the offshore business, the group has a strong position in terms of experience, innovation, product range, technology and capacity.

DOF's core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector. From PSV charter to Subsea engineering, DOF offers a full spectrum of top quality offshore services to facilitate an ever-growing and demanding industry.

The company's main operation centers and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentina, Egypt, Angola, and Australia.

DOF ASA is listed on the Oslo Exchange since 1997.