Skandi Atlantic awarded contract with Apache Energy in Australia

Contracts, Tenders and Rates - May 2, 2012

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DOF has signed a contract with Apache Energy Limited (Apache) for Skandi Atlantic for operations in Australia. The firm period of the contract is 900 days commencing in May 2012. The value of the contract is approximately NKr 225 million.

Skandi Atlantic is owned by Aker DOF Deepwater AS (ADD) and is the last vessel of six sister vessels built at the STX OSV yard in Vietnam.

Mons S Aase, CEO at DOF, said: "The contract with Apache is a strategically important contract for both DOF and ADD. It is the first long term contract we have wonin the Australian market for AHTS vessels.

"DOF presently operates eightvessels in the region. We expect a growing demand for our vessels and services in the region and our ambition is to grow our fleet and organisation out of our Perth office.

"The ADD vessels have proven to be well suited for operations world wide. Two vessels are now operating in Asia Pacific on long term contracts, two in the North Sea spot market and one on long term contract in Brazil. We expect a good market for these vessels in all three regions."

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