News & Reports
Contract award – Calecore
Reach Subsea ASA awarded contract with Calecore. REACH announced today the award of a contract from Calecore as suppliers under an existing agreement with a Norwegian Oil company. The contract is for the operation of the MPSV Bourbon Emerald on a day rate basis for around 34 days with operations starting in August 2013. The Reach work scope is ROV […]
ONS 2012
During ONS2012 we had our stand together with the Haugaland region. Our stand had a lot of visitors and we had during the exhibition daily several interesting meetings with potential new clients, partners and sub-contractors. We would like to thank everyone that visit our stand during ONS2012!
Workclass ROV order
On Tuesday the 14th of November, Reach Subsea AS signed a contract with Kystdesign AS for delivery of two work class remote operated vehicles (ROV). The contract includes complete equipment for two spreads of the model Supporter with delivery planned for second quarter 2013. The contract for ROV delivery is an important step towards Reach […]
NB 825, TBN Normand Reach
Building of Normand Reach goes as planned at the yard in Tulcea, Romania. Hull will be ready for launching sometime before Christmas, and then towage to VARD yard at Aukra.
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.