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DOF Group Secures Preliminary Deal for I-class Vessel

MT Newswires·10/02/2026 05:32:27
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05:32 AM EDT, 10/02/2026 (MT Newswires) -- DOF Group (DOFG.OL) signed a letter of intent for the deployment of an I-class vessel in the first half of 2028, according to a Friday release. The deal is expected to be formally awarded by mid-November. It also covers in-house project management, engineering, procurement, and logistics support services. The offshore and subsea services company defined the transaction as a large contract, implying a value of between $50 million and $100 million.