ROVworld Subsea Information

DOF Subsea has taken ownership of Skandi Neptune
Date: Friday, June 20, 2008 @ 13:00:00 EDT
Topic: GENERAL NEWS


DOF Subsea has taken ownership of Skandi NeptuneSkandi Neptun AS, a wholly owned subsidiary of DOF Subsea ASA, has today in accordance with an agreement entered in to in 2005 with DOF Rederi AS, taken ownership of MV Skandi Neptune.

As part of the agreed settlement, DOF Subsea ASA shall issue 7 million new shares to DOF Rederi AS.

The vessel is currently employed on a time charter with Subsea 7.


Skandi Neptune






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