DOF Set to Bring in $30M From Two New Projects

Published

CSV Skandi Hercules (Credit: DOF Group)
CSV Skandi Hercules (Credit: DOF Group)

Norwegian offshore vessel operator DOF Group has secured two new projects – one in the North Sea and the other in Asia Pacific region – whose combined revenue is expected to bring in $30 million to the company. 

The first contract for DOF covers engineering, procurement, removal and disposal (EPRD) for a North Sea operator, including the project management, engineering, logistics and execution of an FPSO cessation project. 

According to DOF, it will disconnect, transport and pre-moor the floating unit, and retrieve and recycle the mooring system. 

Project management and engineering starts immediately, while offshore execution is planned in Q3 2024 utilizing in total four vessels, including Skandi Hera and Skandi Iceman, the company said. 

In the Asia Pacific region, DOF has been awarded a contract to provide field decommissioning support in association with a depleted field off the Australian coast. 

The award includes project management, engineering, procurement, and offshore services and is expected to be completed over a five-to-seven-week period commencing in December 2023. 

The project will use construction support vessel (CSV) Skandi Hercules which, with two permanently installed WROV systems and a 250Te AHC crane, is said to ideally suited to these operations.

The combined revenue from the two projects is estimated to approximately $30 million, DOF informed

Current News

Ndungu Full-Field Starts Up Offshore Angola

Ndungu Full-Field Starts Up Of

Norway's 2025 Oil Output Climbs to Highest Level Since 2009

Norway's 2025 Oil Output Climb

AKOFS Offshore Inks New Vessel Deal with Petrobras

AKOFS Offshore Inks New Vessel

UK Trade Body Challenges Government View on North Sea Gas Decline

UK Trade Body Challenges Gover

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine