Reach Subsea Wins More Work

Norwegian contractor Reach Subsea said it has recently been awarded subsea IMR and survey and inspection contracts for the 2019 summer season.

According to the company, the combined firm value is approximately NOK 40 million ($4.6 million).

The awarded contracts are a mixture of two call-offs under Reach’s frame agreements and a larger contract won in the spot market.

These contracts also contain optional periods, which, if called upon, would increase the firm contract value considerably, the company said in Oslo Exchange filing.

Share this article

Follow Subsea World News

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Submarine Networks World 2019

As the key annual gathering for decision makers in the subsea communications value chain, they offer a dedicated platform…

read more >

8th International Conference 2019 Offshore Wind Power Substations

The International Conference Offshore Wind Power Substations is a technical event for experts in the wind industry.

read more >

Wind Turbine Towers

Wind Turbine Towers is a technical event for experts in the wind industry and the goal is to push forward technical development for future tower concepts.

read more >

Seatrade Europe 2019

The three day event will  take place in the hub of the European cruise industry, Hamburg; Germany…

read more >