Latest DOF News & Updates

See the latest news and media coverage for DOF. We track all announcements, press releases, and industry mentions in real time, all in one place.

DOF

Global subsea and offshore services provider

dof.com

Headquarters: Bergen, Norway
Company type: Private company
Number of employees: 5,000–10,000
Industry: Oil Related Services and Equipment

Last updated August 19

Latest news about DOF

In short: DOF reported strong Q2 earnings, cut debt via vessel sales, and won a $2 billion Petrobras contract.

Company announcements

August 19 DOF

DOF declares a USD 0.38 per share dividend

Shareholders receive payment on 4 September following board approval and August record dates.

August 19 DOF

DOF reports Q2 revenue of USD 712 million with strong EBITDA performance

Earnings include an insurance settlement from the Skandi Amazonas loss and a declared dividend, amidst high asset utilization.

July 23 DOF

DOF sells four PSVs and acquires two CSVs

The transactions aim to high-grade the fleet, and Skandi Amazonas is declared a total loss after grounding.

July 14 DOF

DOF received a letter of award for a 4-year contract

The contract uses Skandi Hera, includes ROV services, and is valued between USD 100-200 million.

Media coverage

August 18 RTTNews

DOF Group ASA Reports Climb In Q2 Profit

DOF Group ASA (DOFG.OL) reported earnings for its second quarter that Increased, from last year The company's bottom line totaled $146 million, or $0.59 per...

May 22 ShippingWatch

DOF reports lower net profit but lightly increased guidance

The offshore shipping company Dof reports revenue totaling USD 502 million for the first quarter, up from USD 428 million in ...

May 11 Upstream Online

DOF wins $2 billion newbuild vessels contract with Petrobras

Norwegian services company DOF Subsea has secured a major contract worth approximately $2 billion with Brazilian state-controlled oil company Petrobras for the supply of four...

May 6 TradeWinds

John Fredriksen-backed DOF orders charter-backed newbuildings backed in $2bn deal

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