DOF Subsea Secures Global Services Contracts

DOF Subsea, a subsidiary of DOF ASA, revealed Wednesday that it has been awarded several IMR (inspection, maintenance, repair) and subsea instalation contracts worth in excess of $61 million (NOK 500 million) over the past few months.

The contracts will secure utilization of the subsea project fleet across a range of regions, according to the company, including Asia-Pac, the Atlantic and North America. In the Asia Pacific region DOF Subsea secured a letter of intent from a “key client” for an EPCI (engineering, procurement, contraction, instalation) project with the offshore phase during the first half 2017. The scope of work includes supply chain management services for the fabrication and supply of mooring chains, the replacement of eight mooring legs and PM&E (participatory monitoring and evaluation).
In the Atlantic region, DOF Subsea was awarded several contracts the past few months including an FPSO mooring instalation and hook-up contract by Yinson Production offshore Ghana, on the Eni operated OCTP field. The contract will secure utilization of the Atlantic organization and regional subsea vessels in the fourth quarter of 2016 and the first quarter of 2017, as well as increase DOF Subsea's presence in West Africa. Other awards include a 5-year pipeline inspection frame agreement with Maersk.
In the North America region, DOF Subsea secured work in the Gulf of Mexico and offshore Canada. The scope of work includes survey, IMR and light construction operations. To service the contracts offshore Canada, DOF Subsea will charter the DOF-vessel Skandi Chieftain for a 100-day job, in addition to increasing the number of ROV systems deployed in the region.

DOF Subsea CEO, Mons S. Aase, said in a company statement:

"I am pleased with the contract awards, securing utilization of people and assets. The FPSO mooring award offshore Ghana, as well as allocating an additional vessel to the Canadian market, increases the group's global presence and improves our market access. This in combination with securing repeat business for our key clients will be important going forward."

Have a news tip? Share it with Rigzone!


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at
 -  CNOOC Commences Production from Enping... (Jan 18)
 -  Statoil Granted Drilling Permit for We... (Jan 18)
 -  Gazprom Chairman, Moldova President Di... (Jan 18)
 -  Eni: Oil, Gas Discovery in Norwegian S... (Jan 17)
 -  Tullow Finds Oil in Kenyan Erut-1 Well (Jan 17)

Most Popular Articles

From the Career Center
Jobs that may interest you
Expertise: Well Servicing & Testing
Location: Texas, United States, TX
Senior Operator E-Line
Expertise: Well Intervention|Wireline|Wireline Logging
Location: Oklahoma City, OK
Location Manager I - Saybolt
Expertise: Business Development|Facilities Management|Surveying
Location: Texas City, TX
search for more jobs

Brent Crude Oil : $55.47/BBL 0.69%
Light Crude Oil : $52.48/BBL 0.30%
Natural Gas : $3.41/MMBtu 0.29%
Updated in last 24 hours