DOF Subsea Lands Equinor IMR Deal

DOF Subsea said it has been awarded an inspection, maintenance and repair (IMR) frame agreement by Equinor.

The subsea solutions provider of DOF Group said that the duration of the contract is 5 years and is scheduled to start in 2019.

During the course of the frame agreement, Equinor will call-off subsea IMR services as required, DOF Subsea noted.

DOF Subsea at the end of the Q1 2018 reported firm contract backlog of NOK 15.3 billion and recognized quarterly profit of NOK 180 million, bouncing back from NOK 124 million loss same time last year.

During the Q2 2018, the company reported several new deals, including Asia Pacific, West Africa, North Sea and Americas.

Share this article

Follow Subsea World News

Events>

<< Sep 2018 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

1ST NORWAY PUMPS & PIPES CONFERENCE

The primary goal is to bring together professionals from Energy and Medicine to transfer knowledge and share challenges…

read more >

RIO OIL & GAS 2018

The leading oil and gas event in Latin America is organized every two years by the Brazilian Petroleum, Gas and Biofuels Institute (IBP)…

read more >

Submarine Networks World 2018

In 2018, expect over 600 industry leaders from more than 300 organisations worldwide to gather once again in Singapore…

read more >

RPG 2018

Attending RPG 2018 will benefit international academics, researchers, engineers and consultants working in renewable energy…

read more >