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    DOF sells share in Skandi Arctic - Skandi Achiever contract extended

    Vessel & ROV News // June 3, 2015

    A subsidiary of DOF Subsea Group has entered into an agreement with Technip for the sale of DOF Subsea’s share in the joint venture vessel Skandi Arctic, with immediate effect.

    DOF said the transaction was completed at market terms and will improve the cash position for the group.

    DO said a charter contract that Technip has for another vessel, Skandi Achiever, has been extended by seven months and the vessel is now firm until February 2016.

     

     

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