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DOF Group M&A Activity 2023

Dec 13, 2023

6294_rns_2023-12-13_8b25f145-8f71-465e-8250-42776f46e81b.html

M&A Activity

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DOF Group ASA - Sale of Skandi Captain

DOF Group ASA - Sale of Skandi Captain

DOF Rederi AS, a fully owned subsidiary of DOF Group ASA, has today entered into

an agreement to sell the 2004 built, medium-size PSV Skandi Captain to an

international buyer.

The vessel will be delivered in Q1 2024 and the sale will have a positive

accounting effect.

For further information, please contact:

Martin Lundberg, SVP Finance and Investor relations DOF Group ASA

Phone: +47 916 21 057

E-mail: [email protected]

About DOF Group ASA

With a multi-national workforce of about 4,000 personnel, DOF Group 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 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, 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.