Edition:
United Kingdom

Dof ASA (DOF.OL)

DOF.OL on Oslo Stock Exchange

2.84NOK
20 Aug 2019
Change (% chg)

-- (--)
Prev Close
kr2.84
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
493,588
52-wk High
kr7.95
52-wk Low
kr2.12

Latest Key Developments (Source: Significant Developments)

DOF Gets Two New Contracts In New Zealand
Tuesday, 20 Aug 2019 

Aug 20 (Reuters) - Dof ASA ::NEW CONTRACTS.DOF HAS BEEN AWARDED TWO AHTS CONTRACTS TO SUPPORT DRILLING OPERATIONS IN NEW ZEALAND.SKANDI EMERALD AND SKANDI ATLANTIC, BUILT IN 2011 AND 2012 RESPECTIVELY, HAVE BEEN CONTRACTED BY OMV NZ FOR 2 WELLS FIRM, PLUS 2 X 1 WELL OPTIONS, TO SUPPORT DRILLING RIG COSL PROSPECTOR.BOTH VESSELS ARE CURRENTLY SUPPORTING SAME RIG WITH ANOTHER OPERATOR IN NEW ZEALAND, AND COMMENCEMENT WITH OMV WILL BE ON COMPLETION OF THIS CAMPAIGN DURING Q4 2019.  Full Article

Dof Q2 Adjusted EBITDA Rises To NOK 712 Million
Tuesday, 20 Aug 2019 

Aug 20 (Reuters) - Dof ASA ::Q2 ADJUSTED EBITDA NOK 712 MILLION VERSUS NOK 594 MILLION YEAR AGO.OPERATIONAL EBITDA IN 2ND HALF 2019 IS EXPECTED TO BE HIGHER THAN 1ST HALF 2019..WORKING ON A LONG-TERM SOLUTION TO SECURE SATISFACTORY FINANCING AND LIQUIDITY FOR GROUP..REGULAR REFINANCING HAS BEEN CHALLENGING AND A SHORT-TERM REFINANCING HAS BEEN SECURED DURING 2ND QUARTER.Q2 OPERATING INCOME NOK 1.85 BILLION VERSUS NOK 1.80 BILLION YEAR AGO.  Full Article

DOF Subsea Group Announces Contract Award
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - Dof ASA ::CONTRACT AWARD FOR SKANDI SKANSEN.WORKS WILL BE UNDERTAKEN BY SKANDI SKANSEN TOGETHER WITH DOF OWNED AHTS VESSELS.THIS IS SECOND AWARD WITH SAME OPERATOR IN AS MANY MONTHS IN DECOMMISSIONING SEGMENT.DOF SUBSEA GROUP IS PROUD TO ANNOUNCE SUCCESSFUL CONTRACT AWARD FOR A MAJOR OPERATOR WITHIN UKCS SECTOR TO DECOMMISSION SUBSEA INFRASTRUCTURE IN Q3, 2019.  Full Article

DOF Unit Signs Contract For PSV Skandi Feistein With Esso Australia
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - Dof ASA ::LONG TERM CONTRACT FOR PSV SKANDI FEISTEIN WITH ESSO AUSTRALIA.CONTRACT WILL COMMENCE IN SECOND HALF 2019.DOF REDERI AS, A WHOLLY OWNED SUBSIDIARY OF DOF ASA, HAS SIGNED A 5-YEAR CONTRACT FOR PSV SKANDI FEISTEIN WITH ESSO AUSTRALIA PTY LTD..  Full Article

DOF Gets Two New Contracts
Thursday, 11 Jul 2019 

July 11 (Reuters) - Dof ASA ::NEW CONTRACTS.DOF HAS BEEN AWARDED A 2 WELL FIRM PLUS 1 WELL OPTION CONTRACT FOR SKANDI CALEDONIA BY PREMIER UK.COMMENCEMENT WILL BE IN Q3, FIRM PERIOD IS ESTIMATED TO AROUND 4 MONTHS..DOF (UK) LIMITED HAS BEEN AWARDED A DRILLING SUPPORT CONTRACT FOR SKANDI BARRA BY AN UNDISCLOSED CLIENT.COMMENCEMENT IS PLANNED FOR JULY.  Full Article

Dof Group Gets Several New Contract Awards
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Dof ASA ::DOF GROUP RECEIVED SEVERAL NEW CONTRACT AWARDS.DOF GROUP RECEIVED SEVERAL NEW CONTRACT AWARDS.CONTRACTS WILL COMMENCE IN Q4 2019 AND Q1 2020..CONTRACTS HAVE A DURATION OF 5 YEARS, WITH FURTHER 3 X 3 YEARLY OPTIONS.COMMERCIAL TERMS OF CONTRACTS ARE CONFIDENTIAL BETWEEN PARTIES.DOF REDERI AS (DOF) HAS BEEN AWARDED THREE LONG-TERM CONTRACTS FOR MRV'S; "SKANDI HUGEN", "SKANDI NOVA" AND "SKANDI MARØY" BY CONOCOPHILLIPS SKANDINAVIA AS.  Full Article

DOF Updates On Refinancing And Covenant Amendments In DOF Subsea
Tuesday, 25 Jun 2019 

June 25 (Reuters) - Dof ASA ::UPDATE ON REFINANCING AND COVENANT AMENDMENTS - DOF SUBSEA AS.GROUP HAS OBTAINED AN EXTENSION UNTIL END NOVEMBER 2019 OF A LOAN AND IS WORKING ON SOLUTIONS IN ORDER TO REDUCE REFINANCING RISK AND FURTHER STABILIZE SITUATION.DOF SUBSEA AS WANTS TO ALIGN DOF SUBSEA GROUP'S LIQUIDITY COVENANTS FOR ALL ITS DEBT FACILITIES INCLUDING BOND LOANS.HAS RESOLVED TO SUMMON BONDHOLDER MEETINGS FOR ALL OF ITS THREE BOND LOANS.REQUESTING THAT ALL ITS MINIMUM CASH COVENANTS ARE ALIGNED TO BE MEASURED USING PROPORTIONAL CONSOLIDATION METHOD.CHANGE FOR BONDS TO METHOD ALREADY APPLIED BY BANKS, WITH A COMMON THRESHOLD OF NOK 400 MILLIO.INCREASED AMOUNT FROM NOK 300 MILLION FOR DOFSUB07 BOND, NO CHANGE FOR DOFSUB08/09 BONDS AND MOST BANKS, AND A REDUCTION FROM NOK 500 MILLION FOR CERTAIN BANKS.THE GROUP (EXCLUDING DOF SUBSEA GROUP) WILL NOT REQUEST ANY AMENDMENTS TO ITS FINANCIAL COVENANTS AT THIS STAGE.PROVIDED THAT THESE CHANGES ARE APPROVED, GROUP BELIEVES THAT IT HAS ESTABLISHED A SATISFACTORY SHORT TERM PLATFORM.  Full Article

Dof Group Receives Several New Contract Awards
Friday, 8 Feb 2019 

Feb 8 (Reuters) - Dof ASA ::DOF GROUP RECEIVED SEVERAL NEW CONTRACT AWARDS.MULTIPLE VESSELS AWARDS FROM UNDISCLOSED CLIENTS IN IMPORTANT GROWING REGIONS FOR OIL AND GAS AS GUYANA AND SAUDI ARABIA.  Full Article

DOF Subsea Awarded Three New North Sea Contracts
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Dof ASA ::DOF SUBSEA AWARDED THREE NEW NORTH SEA CONTRACTS.  Full Article

DOF Signs Contract For Skandi Aukra
Friday, 23 Nov 2018 

Nov 23 (Reuters) - DOF ASA ::CONTRACT SKANDI AUKRA.CONTRACT IS FOR A PERIOD OF 2 YEARS FIRM AND WILL COMMENCE IN DECEMBER 2018..DOF HAVE BEEN AWARDED A CONTRACT BY ASCO MARINE LTD FOR VESSEL SKANDI AUKRA.  Full Article