Monday, July 1, 2024

‘DOF Group Lands Subsea Contracts in Norway and Brazil’

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A Norwegian offshore support vessel owner has secured two long-term contracts for subsea maintenance work in Norway and a pipeline installation in Brazil.

Equinor has secured maintenance services on its subsea systems on the Norwegian Continental Shelf for the medium term through a contract awarded to a major provider of vessels and remotely operated vehicles (ROVs).

DOF Group won the long-term contract to provide inspection, maintenance and repair (IMR) services on Equinor’s assets for a firm duration of up to three years, starting April 2025, with options to extend this for another three years. The work will include project management, engineering, procurement, and logistics solutions involved in IMR activities throughout Equinor’s subsea assets.

DOF will deploy the purpose-built IMR vessel, Rem Offshore’s Rem Inspector, equipped with DOF’s module handling system and three ROVs, to manage this contract from its office in Bergen, Norway.

“This is a substantial and important contract, contributing to the success of Equinor and working together in the years to come,” said DOF chief executive Mons Aase.

In Brazil, DOF will provide the pipelay support vessel (PLSV) Skandi Vitória to state energy company Petrobras for three years, commencing in 2025, with options to extend the contract.

This Brazilian-built and flagged vessel is owned by DOFcon Navegação, a joint venture between DOF Subsea and TechnipFMC. Mr. Aase expressed his pleasure in announcing this award under the ongoing PLSV tender and continuing discussions with Petrobras on the ongoing PLSV tender.

These contract awards highlight how major energy companies are increasing their contracting into the second half of this decade in response to looming shortages of subsea construction and maintenance vessels. Owners and analysts at the upcoming Riviera’s Offshore Support Journal, Americas conference in Houston, US, will address the tight vessel supply for the subsea construction support market.

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