Norway’s DOF Group is selling its subsea construction vessel Skandi Implementer to an undisclosed buyer, with delivery to the new owner planned for the second quarter of 2027. Offshore Energy reported that the group had opted to sell the 2018-built ship after receiving terms it considered favourable, rather than as a result of actively seeking a disposal.
DOF chief executive Mons S. Aase said the company had not been pursuing a sale of the vessel, which he described as a high-end subsea asset. He nevertheless judged the transaction to be beneficial to both the group and its shareholders. His explanation placed the terms of the offer at the centre of the decision to proceed with the sale.
The company expects the disposal to bring a material reduction in its net debt, according to Offshore Energy. The report did not give a sale price or quantify the anticipated debt reduction. The financial benefit outlined by DOF was therefore expressed in terms of its expected effect on the group’s borrowings, without a monetary figure attached to that assessment.
Skandi Implementer was designed to carry out subsea construction, inspection, repair and maintenance work, as well as remotely operated vehicle services, at depths of up to 3,000 metres. The vessel measures 137.6 metres in length and has accommodation for 129 people. Those specifications describe a ship equipped for a range of underwater construction and servicing tasks, rather than construction work alone.
The planned second-quarter 2027 handover sets out the timing for the vessel’s transfer to its new owner. Beyond that delivery window, the report provided no details about the buyer’s identity or its plans for the ship. DOF’s stated rationale remains the attractiveness of the transaction and the expected reduction in group net debt.