DOF Subsea scores contracts worth $351m

DOF Subsea scores contracts worth $351m

Norway’s DOF Subsea has been awarded several major contracts worth more than NOK 3bn ($351.2m) including options.

The contracts are made up of a major IMR contract with Husky Energy in support of their operations offshore Eastern Canada, a term contract in the Gulf of Mexico, as well as several contracts in the Asia Pacific region.

For Huskey Energy DOF Subsea will supply IMR services over a period of 10 years firm with an additional 10 years option. The work will commence in the fourth quarter of 2015, and includes a light intervention vessel, 2 work class ROV systems and personnel.

In the Gulf of Mexico, DOF has extended a contract with a key client for a firm period of 10 months including an option to extend, utilising one of the company’s subsea vessels.

In Asia Pacific the company has won several contracts with key clients with work including IMR services, mooring and light construction.

“I am very pleased with the Group’s ability to secure term work in a challenging market, and especially winning the Husky contract and strengthening the North America subsea region. This award is a team effort, utilizing the expertise within all disciplines in the DOF Group,” commented Mons S. Aase, CEO of DOF Subsea.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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