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    DOF   NO0010070063

DOF ASA

(DOF)
  Report
Real-time Oslo Bors  -  10:25 2022-10-06 am EDT
1.140 NOK   -1.21%
10/03Contract extension - DOF Rederi
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09/30Dof Asa And Dof Subsea As : Result from bondholders' meetings - further extension of standstill period
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09/30DOF Surges 26% on Securing $80 Million Worth of New Contracts
MT
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DOF Subsea Announces Contract Extension with Petrobras

06/21/2022 | 03:00am EDT

DOF Subsea announced the extension of the four PIDF Contracts with Petrobras. These extensions will demand a fleet of at least 3 vessels operating for 18 months, to the end of 2023 and in direct continuation to the original schedule performing flexible pipelines, risers and subsea equipment inspection in Campos Basin, Santos Basin, Marlin Field and Espírito Santos Basin. Inspections will be evaluated and processed by the DOF Subsea Engineering team in Brazil that is responsible for delivering technical reports regarding the conditions of the subsea facilities in Brazil.

Adding more than USD 100 million in backlog, these contract extensions are confirmation of DOF Subsea's safe and excellent delivery of the project, reinforcing company's relationship with Petrobras and company's capacity to deliver on time and within budget.


© S&P Capital IQ 2022
All news about DOF ASA
10/03Contract extension - DOF Rederi
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Financials
Sales 2022 5 800 M 544 M 544 M
Net income 2022 -125 M -11,7 M -11,7 M
Net Debt 2022 16 836 M 1 581 M 1 581 M
P/E ratio 2022 -2,68x
Yield 2022 -
Capitalization 361 M 33,9 M 33,9 M
EV / Sales 2022 2,97x
EV / Sales 2023
Nbr of Employees 3 904
Free-Float 53,5%
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Number of Analysts 0
Last Close Price 1,14
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Managers and Directors
Mons Svendal Aase Chief Executive Officer
Hilde Drønen Chief Financial Officer
Hans Olav Lindal Chairman
Sigbjørn Stangeland Chief Operating Officer-Marine
Helge Singelstad Deputy Chairman
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