Reach Subsea Announces Contract Award in the Mediterranean Sea

Source: www.gulfoilandgas.com 2/17/2022, Location: Europe

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.


United Kingdom >>  6/20/2022 - Reference is made to the announcement made on the 21st of January 2022, where Magseis Fairfield announced the award of an Ocean Bottom Node (OBN) surv...
United States >>  6/20/2022 - We are glad to inform that a repeat customer has awarded us a conditional award for an OBN project in the Gulf of Mexico, with the prospect of a secon...

United States >>  6/6/2022 - TDI-Brooks offers offshore, nearshore, and inland marine geotechnical survey services using a suite of innovative tools for soil sampling and measurem...
Norway >>  6/3/2022 - The NPD and the University of Bergen have released new data on seafloor minerals in Norway that is unique and rich in multiphysics. Three of the four ...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.