DOF ASA

Regulatory Filings • Dec 17, 2021

Beach Energy award DOF Subsea Otway Offshore Phase 5 Project contract

DOF Subsea Australia is pleased to announce it has been awarded Beach Energy's Otway Offshore Phase 5 - Transport and Installation Project.

After collecting all permanent equipment from vendors and transportation to the offshore site, the campaign execution will cover installation of the subsea infrastructure for four (4) new Thylacine wells. This will include installation of subsea umbilicals, flexibles flowlines and connectors, structures and rigid spools.

The contract scope includes Project Management, Engineering, Fabrication, Transportation and Installation Services and is expected to be completed in Q1 2023. The project will be executed using DOF Subsea's Construction Support Vessel Skandi Acergy.

Mons Aase, CEO DOF Subsea AS, said, "This is an extremely exciting award, and we look forward to working with Beach Energy to deliver safe and efficient project."

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 3,800 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 40 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.