DOF Group ASA (DOF) is pleased to announce one new long-term RSV contract in Brazil.

Following the same competitive tender process that resulted in six 4-year RSV contract awards previously announced, DOF is pleased to announce the signing of a 4-year contract with Petrobras for the RSV Skandi Commander. A unique feature of Skandi Commander's contract is that it features an Autonomous Underwater Vehicle (AUV) to be utilised as part of the vessel's duties in addition to the Remote Operated Vehicle (ROV). Expected commencement of the contract is in January 2027. The value of the contract is approximately USD 150 million.

Mons Aase, DOF Group ASA CEO, commented:

"I am proud of our achievements in Brazil this year, adding in excess of USD 2 billion to our backlog from the AHTS, RSV and PIDF tenders. We celebrate a milestone with 25 years of DOF in Brazil this year, and we now have a strong foundation for continued value creation in the years to come with a large portion of our fleet in Brazil on firm contracts that go beyond 2030."

About DOF Group

With a multinational workforce of more than 5,000 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, 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 centres and business units are located in Norway, Denmark, the UK, the USA, the Philippines, Singapore, Brazil, Argentina, Canada, Angola, and Australia.

About Petrobras

Petrobras has upwards of 100 production platforms, 16 refineries, 30,000 kilometers of pipelines and more than 6,000 service stations. Our proved reserves are around 14 billion barrels of oil, a figure expected to double in the next few years. With the discovery of oil and gas in the pre-salt region, Brazil may become the world's fourth biggest oil producer in 2030.