The Norwegian headquartered offshore specialist DOF Group ASA (DOF) has announced a substantial contract extension for the AHTS vessel Skandi Cutter.

DOF says that the Skandi Cutter is currently operating in Canada on a contract ending at the end of 2025, and with the new signed contract she will continue with the current client under the extended contract for a firm period of three years with two further annual extension options. 

DOF notes in its statement that this is a contract with value between USD$25m and USD$50m.

The Skandi Cutter is built 2015 and is a Vik Sandvik 482 design AHTS.