DOF Secures Work for Three Vessels with Petrobras in Brazil

DOF has secured contracts for three ROV Support Vessels (RSV) with Petroleo Brasileiro (Petrobras).

All contracts have a firm duration of three years and can be extended for another two years, the company informed.

The vessels allocated for the contracts are Skandi Commander, Skandi Olympia and Skandi Chieftain, all owned by DOF Rederi.

Each vessel will be equipped with two work class remotely operated vehicles (ROVs) owned and operated by DOF Subsea.

All three contracts, with an estimated total firm contract value of NOK 1,3 billion, are expected to begin in Q2 2019, DOF said.

Skandi Olympia, built in 2009, has been on charter with Fugro since her delivery in 2009. She was redelivered from Fugro by the end of 2018 and been idle in Norway since.

Skandi Commander completed a RSV contract with Petrobras in November 2018 and is now working on a 60 days contract with Total in Brazil.

Skandi Chieftain worked the 2018 season in Canada and has been idle in St. Johns since November 2018. Before moving to Canada Skandi Chieftain worked on a long-term RSV contract in Brazil.

DOF ASA CEO, Mons S. Aase, said: “We are delighted with these awards which further strengthen our market position in Brazil. We are combining our vessel and subsea expertise across our global organization. Adding these contracts to the previous announced awards in 2019 has given us a fantastic start in 2019.”