DOF Group Wins North Sea Subsea Decommissioning Contract

12:41 PM EDT, 10/12/2026 (MT Newswires) -- DOF Group (DOFG.OL) secured a subsea decommissioning contract, which it categorizes as significant, giving it a value of between $15 million and $25 million. Under the deal with the unnamed North Sea operator, the Norwegian offshore and subsea services company will plan, engineer, and remove old subsea equipment and clear the seabed across multiple offshore fields, according to a Monday release. Offshore operations are set to begin in the first quarter of 2027 and will use one of DOF's construction support vessels.