DOF awarded multiple contracts across Asia Pacific and Gulf of Mexico regions

The contract awards will give a utilisation of the chartered-in vessels Ross Candies by four and five months and Chloe Candies by approximately three months.

The contracts will start in January 2015, and the scope of work includes subsea installation, IMR and survey work.

"I am pleased with the contract awards, improving utilization of our project vessels in the North America region, further supporting us building our fourth subsea region," said Mons S. Aase, DOF Subsea CEO.

DOF Subsea has also been awarded a Letter of Award (LOA) with a major international oil company in the Asia Pacific region.

The LOA is for a seven and three year IRM contract and the vessel Skandi Hawk is planned to be utilised under the contract. The work scope includes project management and engineering, ROV and diving services.

As part of a contract award, the vessel Skandi Hawk is planned sold from DOF Rederi AS to DOF Subsea Rederi AS.