Reach Subsea’s ROV Services for Viking TBN

Reach Subsea has entered into a 3-year contract with Eidesvik Offshore for provision of ROV services on Viking TBN, a subsea construction vessel to be delivered from Kleven Yard in March 2015.

The scope of services from Reach Subsea include two new work ROVs with full crewing, and is expected to yield annual revenues of approximately NOK 40 million, whereof NOK 10 million is guaranteed by Eidesvik.

In addition, Reach Subsea will under the agreement with Eidesvik market the Viking TBN as a subsea spread for own projects, thereby increasing the base of marketable assets to 5 vessels in 2015.

Also, the Viking TBN – a large subsea vessel with length of 145 meters and a 400 tonne crane – adds diversity to the vessel base and contributes to increasing the addressable market.

CEO Jostein Alendal says: “This contract is essentially a collaboration agreement where Eidesvik contributes a state of the art large subsea vessel, and Reach contributes first class equipment and highly qualified subsea personnel. We believe the combination will be a competitive alternative for our customers, and expect to prove this through contract awards in the near future.

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on; +44 (0) 203 793 8800.

More info

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OCEANS is the bi-annual event for global marine technologists, engineers, students…

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OTC Brasil

The conference is organized by the Offshore Technology Conference (OTC) and Brazilian Petroleum…

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Europort 2019

Europort, organised in the world port city of Rotterdam, will be the leading exhibition for special purpose vessels…

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