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

Mooreast to Assess Feasibility of Floating Renewables Push in Timor-Leste

Malaysia Issues First Offshore CCS Permit to Petronas Subsidiary

ABL to Support Platform Installations, Rig Moves for Chevron in Gulf of Thailand

PTTEP Orders OneSubsea Systems for Two Deepwater Projects off Malaysia

Pertamina Joins Petronas in Ultra-Deepwater Asset off Indonesia

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

Seatrium Secures ABS Backing for Deepwater FPSO Design

PV Drilling Takes Ownership of Noble Corporation’s Stacked Jack-Up Rig

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

Current News

Seatrium Maintains $12.8B Order Book on Renewables and FPSO Progress

Petrobras’ New FPSO Sets Sail From South Korea to Brazil's Santos Basin

Eneos Warns on Skyrocketing Costs fo Offshore Wind

Mooreast to Assess Feasibility of Floating Renewables Push in Timor-Leste

Malaysia Issues First Offshore CCS Permit to Petronas Subsidiary

Sponsored: Record Deals and Record Attendance Underscore ADIPEC’s Global Impact

Sponsored: Energy and Finance Chiefs Call for Sound Policy, Stable Frameworks at ADIPEC

Sponsored: Energy Sector Urged to Scale AI Adoption at ADIPEC

Sponsored: Policy, AI, and Capital Take Center Stage at ADIPEC 2025

Major Oil and Gas Projects Drive Strong OSV Demand in the Middle East

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