Dof Subsea has continued to lock up its ships on long-term contracts with a fresh deal in the Atlantic region.
The Oslo-listed company has received a letter of award (LOA) for one of its subsea vessels from an oil major.
Its ship will be mobilised for one year starting in the first quarter of 2017.
Dof’s fresh deal follows up a double contract in Egypt and another long-term pact with Petrobras last month.
As TradeWinds reported yesterday, Dof’s largest shareholder Mogster Group is now below the 50% mark after new shares were issued in a bond conversion.
