DOF Secures $60M Contract for Work on Gas Field Offshore Philippines

Tuesday, January 2, 2024

Prime Energy has extended the contract for DOF’s multipurpose supply vessel (MPSV) Skandi Hawk for work on the Malampaya gas field offshore Philippines.

The contract has been extended to the end of 2027, according to Norwegian vessel owner DOF.

DOF has been providing MPSV and subsea services to Prime Energy (formerly Shell Philippines Exploration) in support of the Malampaya gas field operations offshore Philippines since April 2015 and subsea support and inspection, repair and maintenance (IRM) services for 13 years prior to that.

An agreement has now been reached to extend the existing contract including project management and engineering services, subsea IRM services and the MPSV Skandi Hawk from February 2024.

Mons Aase, CEO of DOF, said: “This is a substantial contract extension with an estimated value of over $60M. It builds on the successful partnership between our team in APAC with Prime Energy and the Malampaya field since production commenced and we look forward to continuing to support Prime Energy in the years to come.”

Categories: Energy Vessels Subsea Industry News Activity Asia Asia Pacific

Related Stories

MOL Puts FSRU for Indonesia's Jawa 1 LNG Power Plant Into Operation

Seatrium Scoops $259M Worth of Repairs and Upgrades Work

PTTEP Hires McDermott for Gas Job Offshore Malaysia

JUB Pacific Bolsters Liftboat Fleet

CNOOC Finds Oil in South China Sea Deepwater Field

Turkish Oil Terminal Halts Russian Oil Business

Mermaid Sets Up Subsea Services JV in Vietnam

TotalEnergies Signs 16-Year LNG Supply Deal with Sembcorp

Brassavola Completes Maiden Ship-to-Ship LNG Bunkering Operation

QatarEnergy Signs 15-year LNG Supply Deal with Excelerate Energy

Current News

ConocoPhillips Misses Quarterly Profit Estimates

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

Russia Shipping Oil to North Korea Above UN Mandated Levels

Yinson Completes $1.3B Financing for Agogo FPSO

Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

BP Suspends Production at Azerbaijani Platform for Maintenance Works

SOVs – Analyzing Current, Future Demand Drivers

Decarbonization Offshore O&G: Navigating the Path Forward

Subsea Vessel Market is Full Steam Ahead

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