Norwegian offshore vessel owner DOF has won three service contracts with Petrobras and several short-term vessel deals in Brazil.
The contracts, awarded by Petrobras following a competitive tender, are for the execution of subsea inspections as part of Petrobras’ subsea inspection program.
This is the third consecutive time such deals have been secured by DOF in Brazil. Over the course of previous contracts, DOF has completed more than 7,000 inspections.
The three new contracts have a combined value of approximately $390m and encompass more than 4,000 planned inspections. DOF expects to deploy at least three vessels equipped with work-class ROVs. One of the vessels will be specially outfitted and crewed to perform shallow air diving inspections.
Operations under these contracts will cover Brazil’s three main offshore basins – Santos, Campos, and Espirito Santo – and are expected to commence in the first half of 2026 and last three years.
DOF also bagged three new short-term vessel deals in Brazil. An undisclosed client, only described as a major oil company with significant presence in Brazil, contracted the Skandi Salvador and Geoholm for short-term engagements in the Espirito Santo and Santos basins.
Geoholm will perform work supporting mooring operations with the utilisation of one ROV for approximately two weeks.
Skandi Salvador will support subsea equipment retrieval on a 10-day work charter starting the last week of September. The vessel will also support subsea and a well intervention operation with the utilisation of one work-class ROV and a subsea crane. Work is expected to commence in early November 2025 on a 60-day charter contract.
The aggregate contract value for the three contracts is described as limited, which DOF defines as a contract worth less than $15m.
Earlier this week, DOF’s Danish arm signed an agreement to sell the 2002-built AHTS Skandi Handler to an unnamed client. The vessel is planned to be delivered to the new owner in the fourth quarter of 2025. The financial details were not revealed.
