DOF Group ASA – Contract extension for Skandi Cutter

DOF Group ASA announced a Substantial contract extension for the AHTS vessel Skandi Cutter. The vessel is currently operating in Canada on a contract ending at the end of 2025, and will continue with the current client under the extended contract for a firm period of three years with two further annual extension options.  

DOF defines a Substantial contract as a contract with value between USD 25 million and USD 50 million.