A brief history of DOF Subsea
The company was established in May 2005 as parent, DOF ASA acquired GEO Group AS and its subsidiary Geoconsult AS. Listed on the Oslo Stock Exchange, as Geo ASA and later renamed DOF Subsea, the group went on to establish a dedicated capability in all the major oil and gas production areas around the world. Starting from a fleet of 10 vessels and securing an extensive asset base comprising high specification vessels and subsea equipment. Today the fleet has doubled.
In 2008 DOF Subsea delisted from the Oslo Stock Exchange as a new shareholding structure was established. DOF Subsea is owned by DOF ASA (51%) and First Reserve Corporation.
DOF ASA, an international group of companies, owns and operates a modern fleet of offshore vessels combined with strong engineering capacity to service the global offshore energy market.
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First Reserve Corporation (FRC) is a leading energy-focused private equity firm, with a history of over 25 years investing in the energy industry.
DOF Subsea follows the financial calendar of DOF ASA, releasing an annual report and 4 quarterly reports along with presentations.