DOF Subsea Awarded GoM Contracts

This just in from DOF Subsea:

DOF Subsea, a subsidiary of DOF ASA, has been awarded several contracts in the North America region by key clients and oil majors in the Gulf of Mexico. The contract awards will give a utilization of the chartered-in vessels Ross Candies by 4 + 5 months and Chloe Candies by approx. 3 months. The contracts will start in January 2015, and the scope of work includes subsea installation, IMR and survey work.

CEO, Mons S. Aase stated ā€œI am pleased with the contract awards, improving utilization of our project vessels in the North America region, further supporting us building our fourth subsea region.ā€

I am certainly grateful to see that US vessels are going to be utilized to perform this work.