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DOF Subsea lands several contracts

Norwegian DOF Subsea has won several contracts for a combined value of around USD 350 million, says the carrier in a statement, sending the share up 11 percent.

Offshore carrier DOF Subsea has been awarded a series of important contracts for a combined value of around USD 350 million, including options, says the company in a statement.

According to the statement, the contracts ensure both short and long term work for ships as well as employees in a year when DOF Subsea, according to Sysla.no, has had to lay off 60-80 employees due to the slowdown in the offshore sector.

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