OB:DOFGEnergy Services
Why DOF Group (OB:DOFG) Is Up 9.1% After bp Contract Win and Q3 Dividend Announcement
In recent developments, DOF Group ASA announced a multi-year subsea services contract with bp set to begin in early 2026, new contract extensions for joint-venture pipelay support vessels with Petrobras in Brazil, and a decision to distribute a quarterly dividend of US$0.35 per share. The company also reported third quarter sales of US$465 million and net income of US$107 million, both meaningfully higher than the same period last year.
These updates reflect DOF Group's expanding contract...