DOF Group — M&A Activity 2025

Jun 12, 2025

DOF Group ASA - Contract extension for Skandi Cutter

DOF Group ASA - Contract extension for Skandi Cutter

DOF Group ASA ("DOF") is pleased to announce a Substantial contract extension

for the AHTS vessel Skandi Cutter. The vessel is currently operating in Canada

on a contract ending at the end of 2025, and will continue with the current

client under the extended contract for a firm period of three years with two

further annual extension options.

DOF defines a Substantial contract as a contract with value between USD 25

million and USD 50 million.

For further information, please contact:

Eirik Vardøy, Investor Relations DOF Group ASA

Phone: +47 94 83 64 64

About DOF

DOF Group ASA (OSE ticker: DOFG) is a leading provider of offshore and subsea

services to the offshore energy industry. The company owns and operates a fleet

of modern vessels which is combined with strong engineering capabilities to

provide integrated services globally.

www.dof.com