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 “I 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.”

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