Contract awards

CONTRACT AWARDS

Reach Subsea ASA (“Reach”) has been awarded two call-offs under one of our frame agreements for 2021 execution, representing about 45 vessel days and will be performed by the Olympic Delta spread. The projects involve both IMR and decommissioning work in the UK, with immediate start-up of planning and engineering.
Further, Reach and MMT have been awarded a call- off for pipeline inspection and seabed mapping, representing about 45 vessel days for the Havila Subsea spread.

Jostein Alendal, CEO of Reach Subsea, comments: "We are very pleased with being the preferred supplier by clients that we have performed numerous scopes for in the past, and this is a good testimony of our execution power and momentum in the business development in the UK market. Our proven ability to safely solve complex subsea operations has been the key success factor."

Per-Olof Sverlinger, CEO of MMT, comments; “We are especially pleased to get additional awards from our important key clients who prove they have continued confidence in our operation and service delivery.”

For further information, please contact:
Jostein Alendal, CEO
Birgitte Wendelbo Johansen, CFO/IR

www.reachsubsea.no