News & Reports
Reach Subsea ASA – Q1 2023: Continued strong growth and record-high order book
Haugesund, 9 May 2023: Reach Subsea ASA, the trusted data and subsea service provider for ocean-based industries, today published record high revenue and and an improved EBIT for the first quarter of 2023. Revenue grew by 81 percent to NOK 234 million, and the order backlog grew 133 percent to a record-high NOK 815 million. […]
Invitation to presentation of the first quarter results for 2023
Haugesund, 05 May 2023 – Reach Subsea ASA will publish its financial results for the first quarter 2023 on Tuesday 9 May 2023 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: 09 […]
Five months plus options offshore wind contract with tier one renewable energy company
Haugesund, 2 May 2023 – Reach Subsea ASA, the trusted data and subsea service provider for ocean-based industries, has been awarded a five months plus options contract with a major renewable energy company for delivery of offshore wind related services. The subsea vessel Deep Cygnus will be utilized on the project, which will commence project […]
Sustainability Report 2022
To get a complete overview of our Sustainability goals, please download our Sustainability Reports here:
Annual Report and Sustainability Report 2022
Haugesund, 31 March 2023 Reach Subsea ASA has today published its Annual Report and Sustainability Report for 2022. The annual accounts and reports were approved by the Board of Directors on the 28 March 2023. The numbers are identical to the preliminary 2022 accounts published as part of the Reach Subsea ASA fourth quarter 2022 […]
Sustainability Report 2021
To get a complete overview of our Sustainability goals, please download our Sustainability Reports here:
Code of Conduct
We’re always striving to improve our ethical business practices and personal conduct, to read more, please download our Code of Conduct here:
Reach Subsea ASA: Subsea vessel Deep Cygnus secured for 4+1 years
14 July, 2022: Reach Subsea, the trusted data and subsea service provider for ocean-based industries, has entered into an agreement with Volstad Maritime for use of the subsea vessel Deep Cygnus for 4 years, with an option to extend for 1 year.
OCTIO awarded a multi-year 4D geophysical monitoring frame contract offshore Australia
OCTIO, a subsidiary of Reach Subsea ASA (“Reach”), has secured a multi-year geophysical monitoring frame contract with an operator offshore Australia
Reach Subsea secures cost attractive long-term vessel capacity through acquisition of Edda Sun and charter of Go Electra
Haugesund, 24 November 2022: Reach Subsea ASA the trusted data and subsea service provider for ocean-based industries, has secured significant vessel capacity for the coming four years through an agreement to acquire the multipurpose ROV support vessel Edda Sun for USD 29 million and a charter contract for the multipurpose ROV support vessel Go Electra […]
Reach Subsea awarded contract with major renewables energy company, and signs contracts for new vessel to serve a continued strong market
Haugesund, 06 February 2023: Reach Subsea ASA, the trusted data and subsea service provider for ocean-based industries, has been awarded a 6 months plus options contract from a major renewable energy company for delivery of offshore wind related services. In order to be able to serve this contract, Reach increases vessel capacity through a charter […]
Survey Division – Onshore and Offshore Positions
In 2023 we plan to expand to new countries with new physical offices and increasing our remote work force. Offshore for the next couple of years, our services offered from conventional vessels will also continue to increase. Even though the there is a heavy focus on new work flows for unmanned operations and remote control, […]