DOF ASA

DOF Subsea secures contracts in Africa

DOF Subsea has secured 2 contracts totaling more than 160 vessel days for Skandi

Seven and Skandi Skansen in Africa.

Skandi Seven has commenced operations for a repeat international energy company

in Angola, delivering integrated FSV services, project management & engineering.

DOF Subsea will during this contract deliver onshore and offshore work scopes

within deep-water field development and maintenance duties towards existing

subsea infrastructure.

Skandi Skansen shall shortly commence mobilization in the North Sea to deliver a

mooring refurbishment and installation project for a key Client in Ghana. In

water depths up to 1000 meters, Skandi Skansen shall execute a variety of

mooring activities.

The CEO, Mons Aase, states that he is very pleased with the contract awards,

increasing the Company's footprint in strategical important areas in the winter

season.

For further information, please contact:

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

Hilde Drønen, CFO Tel +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, Canada, Angola, and Australia.

DOF ASA is listed on the Oslo Exchange since 1997.

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