NEW CONTRACT

New Contract


Reach Subsea has today signed a three-year time
charter agreement with Østensjø Rederi for the
ROV / subsea vessel "Edda Fonn".
Expected commencement of the contract is December
2014.

"Edda Fonn is a vessel we are very familiar with and
which is very suitable for the services we offer to
the market. This fleet expansion is also in line with
our business plan. We look forward to start offshore
operations from "Edda Fonn" together with Østensjø."
Says Jostein Alendal (CEO).

For further information, please contact:
Jostein Alendal, CEO: +47 92 88 04 12