DOF Group ASA Secures 4-Year Contract
DOF Group ASA has received a letter of award for a 4-year contract valued between USD 100-200 million. The contract, which will utilize the vessel Skandi Hera and include ROV services, is expected to commence late 2026 or early 2027, pending partner approval.
Maritime services provider DOF Group ASA announced it has received a letter of award for a significant 4-year contract. The contract's value is estimated to be between USD 100 million and USD 200 million. Formalization of the contract is contingent on partner approval, which is anticipated in the third quarter of 2026.
The company plans to deploy its vessel, Skandi Hera, for the duration of the contract. Services will also include the provision of Remotely Operated Vehicle (ROV) operations. Commencement of work is slated for the period between late 2026 and early 2027.
DOF classifies contracts valued between USD 100 million and USD 200 million as 'Very Large'. This award adds substantial value to the company's order backlog, reinforcing its presence in the offshore energy sector.