Friday 5 January 2018

DOF Subsea, a subsidiary of DOF ASA has been awarded two new ROV contracts by
Petrobras in Brazil for ROVs to be installed on board Skandi Angra and Skandi
Paraty. The new contracts start in April 2018 and end in September and November
2020, respectively.

Further, Petrobras has extended two ROV contracts for the ROVs on board Skandi
Iguacu and Skandi Urca until end of 2018.

The new contracts and contract extensions give 1 630 days of ROV services for
DOF Subsea and increase the backlog by approximately NOK 200 million.