DOF Set to Bring in $30M From Two New Projects

Tuesday, December 19, 2023

Norwegian offshore vessel operator DOF Group has secured two new projects – one in the North Sea and the other in Asia Pacific region – whose combined revenue is expected to bring in $30 million to the company. 

The first contract for DOF covers engineering, procurement, removal and disposal (EPRD) for a North Sea operator, including the project management, engineering, logistics and execution of an FPSO cessation project. 

According to DOF, it will disconnect, transport and pre-moor the floating unit, and retrieve and recycle the mooring system. 

Project management and engineering starts immediately, while offshore execution is planned in Q3 2024 utilizing in total four vessels, including Skandi Hera and Skandi Iceman, the company said. 

In the Asia Pacific region, DOF has been awarded a contract to provide field decommissioning support in association with a depleted field off the Australian coast. 

The award includes project management, engineering, procurement, and offshore services and is expected to be completed over a five-to-seven-week period commencing in December 2023. 

The project will use construction support vessel (CSV) Skandi Hercules which, with two permanently installed WROV systems and a 250Te AHC crane, is said to ideally suited to these operations.

The combined revenue from the two projects is estimated to approximately $30 million, DOF informed

Categories: Vessels North Sea Industry News Activity Europe Asia Pacific

Related Stories

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

SBM Offshore Starts Construction of FSO for Trion Oil Field off Mexico

Seatrium Secures ABS Backing for Deepwater FPSO Design

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

Current News

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

US Pressure on India Could Propel Russia's Shadow Oil Exports

Energy Drilling’s EDrill-2 Rig Starts Ops for PTTEP in Gulf of Thailand

RINA Wins FEED Contract for Petronas’ Flagship CCS Project in Malaysia

ABL Secures Rig Moving Assignment with India's ONGC

Pakistan, Türkiye Deepen Oil and Gas Ties with Offshore Indus-C Block Deal

Eni-Petronas Gas Joint Venture Up for Launch in 2026

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com