DOF Group ASA - Long-term RSV contract in Brazil

Norway, Dec. 30 -- DOF Group ASA ("DOF") is pleased to announce one new long-term RSV contract in Brazil.Following the same competitive tender process that resulted in six 4-year RSV contract awards previously announced, DOF is pleased to announce the signing of a 4-year contract with Petrobras for the RSV Skandi Commander. A unique feature of Skandi Commander's contract is that it features an Autonomous Underwater Vehicle (AUV) to be utilised as part of the vessel's duties in addition to the Remote Operated Vehicle (ROV). Expected commencement of the contract is in January 2027. The value of the contract is approximately USD 150 million.

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