News & Reports

Reach Subsea secures modern fit-for-purpose vessel capacity

Reach Subsea ASA (“Reach”) has had a busy 2020, despite market turbulence, and have over the last years been awarded several important frame agreements for Survey, IMR and light construction within both the renewable and oil and gas sector. Against a backdrop of expected increase in activity, and in order to replace the subsea vessel […]

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REACH SUBSEA ASA conclude long term charter with Solstad Offshore ASA

Reach Subsea ASA has signed a long-term charter with Solstad Offshore ASA (SOFF) for a Construction Support Vessel (CSV) of design OSCV 03. The vessel will be built by STX OSV AS and is due for delivery 2nd quarter of 2014. The charter is for 5 years firm  period with extension options for 3×1 years. […]

LOI award from COSL

Reach Subsea AS has received a letter from COSL Offshore Management AS stating that it is COSL intention to award Reach Subsea AS a Frame Agreement for ROV Services related to the accommodation rig COSLRigmar presently working in the Ekofisk field. The Frame Agreement will be firm for 3 years with further 2 * 1 […]

Joint Venture with MMT

Reach Subsea AS in Haugesund Norway, an integrated Subsea Service Provider and Marin Mätteknik AB in Gøteborg Sweden, a Hydrographic Survey Company, have signed a Letter of Intent for the purpose of establishing a new Joint Venture within Offshore Survey Operations. The Parties have for some time, together with the engineering company Kystdesign AS, developed […]

Awarded two contracts

Reach Subsea has been awarded two new contracts for light construction subsea work  in the North Sea. The company will use the chartered in vessel Bourbon Emerald with Reach Subsea’s own ROV-systems and offshore personnel on board. The contracts also include engineering and will secure utilisation for the vessel for approximately 14 days.

Nord Stream Awards Contract for External Inspection of the Pipeline

We refer to our press release 21.04.2017 and hereby provide further inforformation about the contract for Stril Explorer.     PRESS RELEASE Nord Stream Awards Contract for External Inspection of the Pipeline to MMT Zug, May 18, 2017. MMT Sweden has been awarded a three-year contract by Nord Stream AG to inspect both lines of […]

Letter of Intent

Reach Subsea ASA has been awarded a Letter of Intent from a first class European contractor for a project with estimated duration of four months. Commencement will be in Q2 2017.  A fleet expansion will be necessary to meet the requirements in the contract. The project will be executed together with our partner MMT Sweden AB.

Contract and vessel update

Reference is made to press release dated 12 June 2017 regarding a Letter of Intent (“LOI”) for a project with estimated duration of four months. As mentioned, the project would require a fleet expansion, and the DP2 subsea vessel M/V Olympic Delta, with two ROVs mobilised onboard, has been secured for execution of this project. […]

Unique antique shipwrecks detected in the Black Sea

Unique antique shipwrecks detected in the Black Sea On Tuesday 19th September, after more than a month out on the Black Sea, the third year of the Black Sea MAP marine archaeological project ends. The main objective of the project has been to map the submerged submarine landscapes along the Bulgarian coast. The water level […]

Surveyor II is well underway!

Reach Subsea and MMT Sweden are testing Surveyor II this week at Kystdesign AS’ new premises in Aksdal. Surveyor II has the same record breaking features within survey as our Surveyor Interceptor and is developed by our joint venture. The new, mobile vehicle will be ready for work during the first half 2018.