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Regulatory press release

DOFG: New contract DOF Subsea

DOF Group
DOF Group has been awarded a significant SURF Contract in the region of USD
80-100 million for a tier 1 Contractor and Operator in West Africa, with 326
days firm utilisation, and 75 optional days, for the Skandi Acergy commencing
in Q4 2023. In addition to the Vessel utilisation, DOF Subsea Atlantic shall
offer an integrated solution of Project Management, Engineering, Design,
Analysis and Survey attached to the Skandi Acergy scope. The scope includes,
pre-commissioning, SSIV umbilical, spools, risers, flying leads, subsea
structures and survey.

Mons S. Aase, CEO DOF Group ASA, comments: "The award continues to demonstrate
DOF Subsea inhouse capability of offering turnkey solutions to our existing and
new customers, building on our established capability offering in the SURF
market. The award secures high utilisation for a key asset and reflects the
higher margin environment we experience in the market."

The project will be run from our offices in Bergen and Aberdeen.


For further information, please contact:
Mons S. Aase, CEO DOF Group ASA
Phone: +47 91 66 10 12
E-mail: Mons.Aase@dof.com


About DOF Group ASA
With a multi-national workforce of about 4,000 personnel, DOF Group ASA is an
international group of companies which owns and operates a fleet of modern
offshore/subsea vessels, and engineering capacity to service both the offshore
and subsea market. With over 40 years in the offshore business, the group has a
strong position in terms of experience, innovation, product range, technology
and capacity.

DOF's core businesses are vessel ownership, vessel management, project
management, engineering, vessel operations, survey, remote intervention and
diving operations primarily for the oil and gas sector. From PSV charter to
Subsea engineering, DOF offers a full spectrum of top quality offshore services
to facilitate an ever-growing and demanding industry. The Company's main
operation centers and business units are located in Norway, the UK, the USA,
Singapore, Brazil, Argentina, Canada, Angola, and Australia.
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