The company said three vessels will handle subsea installation work in Asia.

One of these, the 3,700-dwt Skandi Singapore (built 2011), has also clinched contracts related to two construction projects off West Africa.

In North America, the owner has also won deals for more subsea installations, increasing the use of its vessels in the region.

CEO Mons Aase said: "I am very pleased with the contract awards, improving utilisation of our onshore engineering and project management teams as well as our vessels for second half 2014 and Q1 2015."