News & Reports
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.
Reach Subsea ASA – 1Q 2025: Another record quarter
Haugesund, 08 May 2025: Reach Subsea ASA announces its first quarter 2025 results, demonstrating another record quarter. Revenue for the quarter stands at NOK 699 million (575 million) and the EBIT at NOK 68 million (29 million). Download report and presentation here:Reach Subsea ASA 1Q 2025 ReportReach Subsea ASA 1Q 2025 Presentation We achieved another […]
Invitation to presentation of the first quarter results 2025
Reach Subsea ASA will publish its financial results for the first quarter 2025 on Thursday 08 May 2025 at 07:00 CEST. The company’s CEO Jostein Alendal and CFO Birgitte Wendelbo Johansen will host a webcastpresentation of the results in English on the same day at 9:30 CEST. Date: 08 May 2025Time: 09:30 CESTWebcast: The report […]
Annual and Sustainability Report 2024
Haugesund, 30 April 2025 – Reach Subsea ASA has today published its Annual and Sustainability Report for 2024. The annual accounts and reports were approved by the Board of Directors on 8 April 2025. These figures are identical to the preliminary 2024 accounts published as part of the Reach Subsea ASA fourth quarter 2024 report […]