The new 4-year contracts for the five vessels that were signed and announced in May-June 2025, with original planned commencement in Q1 2026, have had commencement postponed until Q1 2027, with all other terms and conditions unchanged, meaning that the new contracts will run until Q1 2031.
Petrobras and DOF have, in addition, agreed to extend the two current RSV contracts for the vessels Skandi Chieftain and Skandi Olympia with a new duration until the end of 2026. Commencement of the new 4-year contracts for Skandi Chieftain and Skandi Olympia, signed and announced in October 2025, will thus be postponed until the start of 2027.
The seven contract extensions add more than USD 160 million to DOF’s backlog.
