DOF will inspect flexible pipelines, risers and subsea equipment in the Campos Basin, Santos Basin and Espirito Santos Basin. Credit: Bernardo Ferrari/Unsplash.

DOF Group, a Norwegian offshore services provider, has secured three new service contracts from Brazilian state-backed oil and gas company Petrobras.

The survey and inspection contracts are valued at Nkr2.8bn ($260m).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

DOF said it will deploy at least three vessels to execute flexible pipeline, riser and subsea equipment inspection in the Campos Basin, Santos Basin and Espirito Santos Basin. 

Work is expected to start in the fourth quarter of 2023 or the first quarter of 2024 and be completed within two years.

During that time, DOF hopes to execute more than 3,200 inspections.

See Also:

The Oslo-listed company said these agreements form an extension of DOF’s services provided under the PIDF123 contracts, which were agreed on with Petrobras in 2020 and have been in effect since December of that year.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

DOF Group CEO Mons Aase said: “This is an important win securing high utilisation for us in Brazil and lifting the group backlog to above Nkr25bn. I am very proud for the continued trust Petrobras give us for doing complex [inspection, maintenance, repair] IMR work in very deep water.”

Earlier this month, Petrobras announced plans to install 11 new oil and gas production platforms in the Brazilian pre-salt layer by 2027.

As part of its strategic plan for 2023–27, the company also aims to invest Nkr691bn in exploration and production activities.

By combining the proposed projects with the currently operating units, Petrobras’ total daily production capacity is anticipated to reach 3.1 million barrels of oil equivalent per day in 2027.