News & Reports
Testing of Supporter 20 & 21
Today we are testing our new equipment, the Supporter 20 and 21 spreads: Both are scheduled for operation in end of July.
New contracts
Reach Subsea has entered into a charter party agreement with Bourbon for the MPSV “Bourbon Emerald” for 140 days + options. The vessel will be equipped with the company’s own ROVs for operations in the North Sea and under the Joint Venture with Marin Mætteknik. Further, Reach Subsea has entered into a contract with Petromarker for electromagnetic survey work. Total […]
Teamday!
What a team! Today we arrange our kick-off day before the summer with all available employees for a great day in Haugesund. At the same time last year Reach Subsea had three employees and today we have passed thirty – that’s cool!
New office
Our new office is soon ready and we are looking forward to move our business into a new state of the art office- and workshop building. We will start to move on Monday the 9th of July, and are expected to be all installed into the new location from the 16th of July. Our new […]
Private placement and stock listing for Reach Subsea
Completion of combination with Reach Subsea AS and NOK 42 million private placement (News from www.newsweb.no) Reference is made to Transit Invest ASA's (the "Company") stock exchange notices of (i) 31 October 2012 regarding a contemplated combination with Reach Subsea AS (the "Combination"), (ii) 1 November 2012 regarding the completed placing of new shares in […]
4th Quarter 2012 report
HIGHLIGHTS 4TH QUARTER * Aquisition and combination with Reach Subsea AS following a change of board of directors and management as well as business plan * Ordering 2 WROV systems with handling ACCOUNTS AND FINANCE The core activity during 4th quarter has been sale of external consultancy services under existing frame agreements. Further, a […]
Annual Report 2012
RESULT 2012 The Board of Directors of Reach Subsea ASA approved in a Board meeting 18. March 2013, the annual report and accounts for 2012. The net loss for the Group for 2012 was NOK 5,5 mill, which is in accordance with the preliminary result announced 26. February 2013. The full Annual report can […]
General Meeting
General Meeting in Reach Subsea ASA was held 29.04.2013. All resolutions were adopted pursuant to the Notice. For full meeting protocol, see the Investor pages. The protocol is in Norwegian only.
1st quarter 2014 Report
Quarterly report for Reach Subsea ASA. Sales income in the quarter totals NOK 1.2 million and is a result of sale of consulting services under existing frame agreements. Operating expenses were NOK 4 million for the same period. The increase from the same period last year is primarily due to an increase in the number […]
Completed private placement
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Reference is made to the stock exchange notices on 3 May 2013 regarding the contemplated private placement […]
EXTRAORDINARY GENERAL MEETING
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. REACH – EXTRAORDINARY GENERAL MEETING Please find attached the minutes from the extraordinary general meeting in Reach Subsea […]
2nd quarter 2013 report
Quarterly report for Reach Subsea ASA HIGHLIGHTS – Private placement successfully closed – The Company prepared offshore operations – New contracts, including the vessel Bourbon Emerald – Survey joint venture Revenue in the quarter was NOK 1.54 million and is primarily income from consulting services under existing framework agreements. Total income for the first half […]