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DOF scores $20m in Asia Pacific vessel contracts

Norway’s DOF has won a new contract and secured an extension on its previous deal, further bolstering its backlog in the Asia Pacific region.

The Oslo-listed offshore vessel owner has fixed the 2010-built CSV Skandi Hercules for work offshore Australia into the third quarter of 2024. The contract covers project management and engineering, logistics support and execution of various inspection, maintenance, and repair activities.

In addition, a contract extension has been secured for the 2011-built dive support vessel Skandi Singapore with the vessel fully committed through the third quarter of this year with options attached to extend the fixture into the first quarter of 2025.

The firm fixtures are worth more than $20m in total. Mons Aase, chief executive at DOF Group said the new deals come at improved rates and margins and bring the APAC region close to full utilisation for the first half of 2024.

Earlier this week, DOF also announced a contract with Altera Infrastructure for the anchor handler Skandi Skansen to support the installation of FPSO and FSO units for the Phase 2 development of the Eni-operated Baleine field offshore Ivory Coast.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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