Published: 02-Mar-2020 | Published By: Market Research Store
DOF Subsea has received multiple contract awards from customers throughout the North American region. The firm has secured an arrangement in Guyana for the installation of pre-lay and long baseline acoustic positioning system array activities, a deal in Trinidad for subsea deployment work, and the relocation of well-headed studies in Canada.
Harvey Deep Sea, a long-term offshore supply vessel from Harvey Gulf International Marine to DOF Subsea, was awarded for a large scan of the ocean floor node in the Gulf of Mexico. This is in comparison to other projects involving shorter IMRs and light building. The awards should ensure good use for the vessel in H1 2020.
The contract was awarded to the Brazilian-built PSLV, Skandi Vitoria, jointly owned by DOF Subsea and TechnipFMC. The contract ended with a two year period and rights in January.
As stated in the new market research forecast of the Market Research Store, global demand for acoustic positioning system will reach valuation into USD million by 2026.
Furthermore, according to the study, the global acoustic positioning system market is expected to rise by healthy CAGR in the coming years.
DOF Subsea, based in Bergen, owns and operates a fleet of 26 vessels, more than 70 Remote Vehicles (ROVs) and employs 1,200 seamen. Norwegian vessel operators subsea capacities include installation and building, maintenance and repair, review, saturation diving, research, ROV and AUV function, towing, survey and positioning, mooring, deployment and repair and de-commissioning.
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