Norway’s vessel owner DOF Group has won a new deal in the Asia Pacific (APAC) region for one of its multi-purpose subsea vessels with construction support vessel (CSV) features based on a modern anchor handling tug supply (AHTS) ship design suited for field installation operations across a wide range of water depths and environmental conditions.
The new subsea decommissioning services contract award for the 2010-built CSV Skandi Hercules comes several months after DOF secured a contract extension slated to keep the ship occupied offshore Australia into Q3 2024. While the Norwegian player did not disclose the exact value of the new deal, it did explain that it is below $15 million.
The new assignment encompasses project management, engineering, logistics support, and execution of decommissioning activities for an offshore campaign, which will be conducted in Western Australian waters. The deal, scheduled to begin in Q4 2024, is expected to take approximately 50 days.
Commenting on the new contract, Mons Aase , CEO of DOF Group, highlighted: “This award secures further backlog for the APAC region and we look forward to delivering a safe and successful project.”
DOF has expanded its backlog with more vessel work over the last few months, including the most recent one, which brought an extension and a new deal for its 2011-built dive support vessel (DSV) in the APAC region, shortly after another one of the firm’s subsea vessels prolonged its work until mid-2028.