Norwegian offshore services player Reach Subsea has secured several new deals and call-offs within the scope of existing frame agreements in the North Sea and European regions.
The company said that the estimated total value of these contracts was NOK 370m ($36.8m). Work under the contracts will start in the third and fourth quarters of 2025.
Included in the order backlog is an award by Equinor for the unmanned vessel Reach Remote. This contract includes several initial survey and IMR work packages focused on remotely operated vehicles (ROVs) across multiple sites in the North Sea and the Norwegian Sea.
