DOF Group

Regulatory News Service • Nov 10, 2025

DOF Group ASA - Awarded a subsea services contract by bp in the Atlantic region

DOF Group ASA ("DOF") is pleased to announce that it has been awarded a 3-year firm and 2 year options contract with bp for the provision of subsea services in the Atlantic region.

Under the agreement, DOF will deploy high-capability subsea vessel asset to support bp with subsea construction, installation, repair, and maintenance (IRM) operations. Offshore operations are expected to commence in the first quarter of 2026.

Mons S. Aase, DOF Group ASA CEO, said:

"We are proud to be awarded a contract with bp for subsea services in the North Sea. This agreement represents a significant step forward for DOF and our UK subsea organization. We are committed to delivering best-in-class services, with an uncompromising focus on safety and operational performance in the years ahead."

Financial details related to the agreement, including rates and overall revenue, will remain undisclosed.

Preparations are already underway, with DOF providing a comprehensive scope encompassing project management, engineering, logistics, and offshore execution as part of the service.

Contact information:

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 offshore/subsea vessels which is combined with strong engineering capabilities to provide integrated offshore services globally.

www.dof.com