DOF Group ASA DOFG

DOF Group (OB:DOFG) is upgrading its anchor handling tug supply fleet with two high end vessels and selling an older, less capable unit. The deal represents a significant transformation of the company’s AHTS capacity, aligned with its growth plans. The transaction is structured to keep net debt broadly neutral while targeting stronger earnings power and dividend capacity over time. DOF Group, a subsea and offshore services provider, is leaning into higher specification assets at a time when...

DOF Group ASA (STU:UV3) reports robust revenue growth and a record $5.2 billion backlog, setting a strong foundation for future earnings.

DOF's North America subsea team will handle the management of project activities including engineering, procurement, logistics and installation.

PBR awards DOF Group a $150 million four-year contract for the Skandi Commander, boosting offshore ops with advanced ROV and AUV tech starting 2027.