News & Reports
Reach Subsea: Fleet update
Haugesund, 21 October 2025: Reach Subsea has exercised the first one-year option for the subsea vessel Olympic Triton, extending the charter through February 2027. The vessel has been on charter since February 2023 under a firm three-year agreement with two optional one-year extensions. This option secures continued access to a proven asset supporting our offshore […]
Reach Remote 1 – Cleared for operations without supporting vessel.
Haugesund, 13 October 2025 – Reach Subsea has been granted a trading permit to operate its Reach Remote 1 Uncrewed Surface Vessel (USV) entirely through remote operations—without a support vessel. The permit was issued by the Norwegian Maritime Authorities, with technical validation and support from DNV. Reach Remote 1 has already been in full commercial […]
Reach Subsea ASA orders Reach Remote 3 and 4 from Kongsberg Maritime
Haugesund, 24 September 2025 – Reach Subsea ASA announces today that it has exercised the first in a series of exclusive options with Kongsberg Maritime for the delivery of the next two uncrewed surface vessels (USVs), Reach Remote 3 and 4. The contract terms have been mutually agreed and remain confidential between the parties. Delivery […]
Reach Subsea acquires Subvision AB
Reach Subsea has acquired Subvision AB, a Swedish company founded in 1993 and staffed by its two founders Per Gunnarsson and Olle Kröling. Subvision has extensive experience from military and offshore development projects, providing strong expertise in designing equipment for subsea environments. Over the years, the company has developed several advanced solutions for underwater use. […]
Change in management
Haugesund, 27 August 2025 – Reach Subsea ASA announces that Birgitte Wendelbo Johansen has resigned as CFO as she will assume a new position with another company. Birgitte Johansen has been with Reach Subsea and held the position as CFO for 13 years. Birgitte has done an excellent job as CFO of Reach Subsea and […]
Reach Subsea’s USV Reach Remote 2 Sets Sail for Australia
Haugesund, 26.08.2025 – Reach Subsea is proud to announce that its pioneering Uncrewed Surface Vessel (USV) Reach Remote 2 is in route to Australia to deliver services for leading Australian energy company, Woodside Energy. This marks a significant milestone in Reach Subsea’s commitment to providing cutting-edge, sustainable subsea solutions on a global scale. The Reach […]
Reach Subsea ASA – 2Q 2025: Impacted by a cautious market
Haugesund, 26 August 2025: Reach Subsea ASA announces its second quarter and half-year 2025 results, demonstrating a solid but not record-breaking quarter. Revenue for the quarter stands at NOK 684 million (623 million) and the EBIT at NOK 91 million (121 million). The half-year results 2025 are all-time high with revenues standing at NOK 1 […]
Invitation to presentation of the second quarter and half-year results 2025
Reach Subsea ASA will publish its financial results for the second quarter and half-year 2025 on Tuesday 26 August 2025 at 07:00 CEST. The company’s CEO Jostein Alendal and CFO Birgitte Wendelbo Johansen will host a webcast presentation of the results in English on the same day at 9:30 CEST. Date: 26 Aug 2025Time: 09:30 […]
Multiple new contracts including USV services
Haugesund, 01 July 2025 – Reach Subsea ASA (“Reach”) announces increased order backlog after securing multiple new contracts and call-offs within the scope of our existing frame agreements in the North Sea and European regions. Estimated total value of these contracts is NOK 370 million, commencing in Q3 and Q4 2025. Included in the order […]
Reach Subsea ASA: Fixed income credit investor meetings
Haugesund, 30 June 2025: Reach Subsea ASA (the “Company”) has mandated Arctic Securities and DNB Carnegie as Joint Bookrunners to arrange a series of fixed income credit investor meetings commencing Monday, 30 June 2025. A senior unsecured bond issue of up to NOK 500 million and with a 3-year tenor may follow, subject to inter […]
Reach Subsea confirms delivery of Reach Remote 2
Haugesund, 12 June 2025 – Reach Subsea is delighted to announce the official delivery confirmation of the REACH REMOTE 2 USV. This milestone signifies the successful completion of REACH REMOTE 2, encompassing technical installations, testing, and documentation, all of which have been finalized and signed off. Following the successful pilot program earlier this year with […]
Reach Subsea ASA – Annual and Sustainability Report 2024
Haugesund, 19 April 2024 – Reach Subsea ASA has today published its Annual and Sustainability Report for 2023.