DOF Secures Two Subsea Service Contracts in Asia-Pacific, Up to $50 Million

en.Wedoany.com Reported - On August 14, DOF Group disclosed that it has secured two subsea service contracts in the Asia-Pacific region, with a combined value in the range of $25 million to $50 million. The associated offshore operations will be carried out across 2026 and 2027, with a total estimated duration of approximately 80 days.

Both contracts will utilize multipurpose vessels operated by DOF in the Asia-Pacific region, with the company providing subsea service operations. The scope of the contracts also includes in-house project management and engineering design, as well as procurement and logistics support. Specific clients, operational areas, and vessels deployed have not been disclosed.

DOF has secured multiple subsea engineering orders in the Asia-Pacific region this year. In May, the company obtained a subsea commissioning support contract, scheduled to commence in the second quarter of 2027 in the waters off northern Australia, with the Skandi Inventor set to carry out 120 to 180 days of operations. In July, the vessel was awarded another subsea construction and pre-commissioning support contract, planned to start in the fourth quarter of 2026 with an expected duration of 160 to 250 days, extending its firm work schedule in the Asia-Pacific region through the end of 2027.