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>

<< Dec 2018 >>
MTWTFSS
26 27 28 29 30 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
31 1 2 3 4 5 6

All-Energy 2019

All-Energy is the UK’s leading renewable energy and low carbon innovation event, showcasing the latest technologies and services…

read more >

ACENS 2019

Submission shall pass the double blind paper review first in order to be presented in the conference…

read more >

Deepwater Operations Advisory Board

This event allows for the free and open exchange of ideas, as proceedings will not…

read more >

Subsea Tieback Forum & Exhibition

The content addresses new operational issues, challenges, and solutions associated with global deepwater subsea operations…

read more >