DOF Subsea is pleased to announce multiple contract awards from undisclosed
clients in two important growing regions, Trinidad and US GoM.

Skandi Neptune has been awarded a 3-year frame agreement for IMR and light
construction services with a major operator in Trinidad. She will commence
operation in Trinidad late November for the 1[st] offshore inspection campaign.

The Group have also secured several shorter contracts in the GoM to support IMR,
subsea installation and decommissioning operations, securing good utilisation in
the 4[th] quarter for Harvey Deep Sea.

Moreover, Geosea has been awarded a 21-day contract commencing in late November
in the GoM.

In a statement Mons Aase, CEO DOF Subsea, said, “This is important awards for
us, securing good utilisation for our ships in the North America Region, in
addition to creating a strong basis for future work in Trinidad and the GoM.”