DOF Group ASA - Contract extensions for Skandi Buzios and Skandi Recife

DOF Group ASA ("DOF") is pleased to announce two new long-term contract extensions with Petrobras in Brazil.

Following successful negotiation with Petrobras, the PLSVs Skandi Buzios and Skandi Recife have secured extensions to their current long-term contracts, ensuring continued operations.

Both vessels are owned by a joint venture between DOF (50%) and TechnipFMC (50%).

Under the contract amendments, Skandi Buzios has been awarded a 516-day extension and Skandi Recife has secured a 550-day extension.

The long-term contracts, previously scheduled to terminate in the third quarter of 2026, have now been extended through January 2028.

The contract extensions reinforce DOF's strong position in the Brazilian offshore market.

Contact information:

Eirik Vardøy, Investor Relations DOF Group ASA

Phone: +47 94 83 64 64

About DOF: DOF Group ASA (OSE ticker: DOFG) is a leading provider of offshore and subsea services to the offshore energy industry. The company owns and operates a fleet of modern offshore/subsea vessels which is combined with strong engineering capabilities to provide integrated offshore services globally. www.dof.com