Contract awards in Brazil

DOF Subsea Group has secured two contracts in Brazil. The first contract has been awarded by Sapura Energy do Brasil in Northeast of Brazil for final Client CELSE (Centrais Elétricas de Sergipe S.A.). Skandi Seven will be utilised for this project and will perform a Riser and Umbilical installation for a Floating Storage and Regasification Unit (FSRU) for natural gas supply to Celse's power plant. The project is 20 days firm and 4 x 5 days options commencing last week of May.  
 
Second, the PLSV Skandi Niterói has been committed with TechnipFMC for the Peregrino Phase II SURF Project of Equinor in Brazil. She will start operations in the next few months on this project announced by TechnipFMC on September 28th, 2017. The Skandi Niterói, a Brazilian flagged flexible lay and construction vessel was built in Brazil and is owned by a Joint-Venture formed by DOF (50%) and TechnipFMC (50%).  
 
The CEO, Mons Aase, states that he is very pleased with this contract awards, which confirms the DOF Group's strong position in the South America region.
 
For further information, please contact:
Mons S. Aase, CEO, DOF Subsea - Tel: +47 91 66 10 12
Marianne Møgster, SVP Finance, DOF Subsea - Tel: +47 99 30 69 16

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