Equinor Awards Reach Subsea Contract And Expands Backlog

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  • Reach Subsea ASA, renowned for its data and subsea services in ocean-based industries, has partnered with OceanPact to secure a significant contract from Equinor.
  • The contract entails combined light construction, IMR, and survey services for Brazil’s Peregrino field offshore.

Strategic Project Expansion

An approximately 45-day project, part of a year-long contract extension, showcases Reach Subsea’s capabilities.

The endeavor, conducted by the Havila Subsea vessel, demonstrates technical prowess in a complex operation.

This contract solidifies the strong relationship with Equinor and highlights Reach Subsea’s diverse, high-quality service portfolio for tier-one energy companies.

Market Expansion

Expanding in Brazil’s growing market, the Equinor contract underscores Reach Subsea’s commitment and success.

Cleiver Moulin, MD Brazil, emphasizes the significance of this award. Alongside recent wins in Europe and the US, Reach Subsea has amassed contracts valued at over NOK 265 million, most commencing in Q4 2023 and Q1 2024.

Global Competence

Our services see steady, strong demand in the ocean sector. These contracts fortify our backlog, affirming the value of our integrated solutions and competitive edge in diverse global assignments.

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Source: Reach Subsea

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