Offshore energy service firm DOF Subsea is working out a “long-term financing solution” with its lenders.
Offshore oil and gas bankers in Oslo are warning that the industry is far from out of the woods as a recovery is slow to take hold.
Siemens has booked a DOF Subsea vessel for a North Sea wind farm project for the rest of the year.
TechnipFMC has chartered a vessel from Norway’s DOF Group for a major project off Australia.
The subsea division at Norwegian energy service firm DOF Group said today it secured contracts worth £310million in recent months.
DOF has landed two North Sea contract extensions in quick succession.