What's Happening?
Norwegian offshore supply vessel owner DOF Group has obtained contract extensions for two of its subsea vessels, Skandi Nomad and Skandi Constructor, operating in Guyana. Skandi Nomad, built in 2010, is designed for subsea operations across various water
depths and conditions, while Skandi Constructor, built in 2009, specializes in well intervention services and subsea construction. The extensions ensure Skandi Nomad remains contracted until the fourth quarter of 2026 and Skandi Constructor until the second quarter of 2027, highlighting DOF Group's continued presence in the region.
Why It's Important?
The contract extensions for DOF Group's vessels underscore the ongoing demand for subsea services in Guyana, a region experiencing significant offshore oil and gas exploration and production activities. These extensions reflect the strategic importance of maintaining operational capabilities in the area, supporting the energy sector's growth. The vessels' continued operation contributes to the stability and efficiency of subsea projects, which are crucial for the development of Guyana's offshore resources. This development also highlights the role of international companies in supporting local industries.
