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Beskrivning
Land | Norge |
---|---|
Lista | OB Match |
Sektor | Tjänster |
Industri | Industri |
2022-02-17 07:00:00
Reach Subsea: Contract award in the Mediterranean Sea
Haugesund, 17 February 2022: Reach Subsea ASA ("Reach"), a provider of subsea
services globally, has been awarded a contract in the Mediterranean Sea for
start up early in Q2 2022, representing about 130 project days.
The project involves support of an Ocean Bottom Node campaign and will be
performed by the Havila Subsea spread.
Tender volume and contract visibility for the 2022 season is looking promising.
Reach now has approximately 1,450 project days for 2022 and 2023 execution.
These figures do not include options and expected call-off extensions under
frame agreements, which from experience can constitute significant additional
work.
"We are very pleased to have secured a decent-sized contract in the
Mediterranean region, where we have focused on building up presence. Our ability
to deliver quality ROV operations has been the key contributing factor in
winning another OBN campaign. We also see great potential to sell Octio's
services in the Mediterranean, and are targeting specific projects in the
region," said Jostein Alendal, CEO of Reach Subsea.
Havila Subsea is a DP2 IMR and light construction subsea vessel on a charter
with Reach Subsea since March 2017.
For further information, please contact:
Birgitte Wendelbo Johansen, CFO of Reach Subsea ASA, bwj@reachsubsea.no
About Reach Subsea:
The Reach Subsea ASA Group's business concept is to offer subsea services as
subcontractor and/or directly to end clients, based out of our head office in
Haugesund. The core business of the Group is based on modern, high spec Work
ROVs operated by highly-qualified offshore personnel, and supported by onshore
engineering resources. The Group's objective is to be a preferred subsea partner
and full-service provider of subsea operations for clients, among others by
having focus on safety, environment, financial solidity and profitability.
www.reachsubsea.no