Reach Subsea obtains approval for remote-controlled operations in UK waters
The Reach Remote 1 vessel can now operate in UK waters from Norway, marking an industry first for remote marine operations.
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Subsea survey, monitoring and ocean services provider
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In short: Reach Subsea expanded its global remote operations and secured major contracts with Equinor, despite reporting weaker financial results in early 2026.
The Reach Remote 1 vessel can now operate in UK waters from Norway, marking an industry first for remote marine operations.
The contract covers IMR and light construction services for an undisclosed charterer, with a strategic partnership and vessel charter from Solstad Maritime.
Revenue fell to NOK 551.4m and EBIT was NOK -192.1m. Reach Remote enters scale-up and a 2+1 year IMR LOI was announced.
The contract covers IMR and Light Construction services in the Mediterranean and Black Sea. Reach Subsea enters LOI with Solstad Maritime for vessel charter. Final contract expected next week.
Norwegian subsea services firm Reach Subsea has signed a memorandum of agreement with Beacon Offshore to establish a ...
Equinor ASAEQNR has awarded Reach Subsea two new contracts under an existing framework agreement. The work will be carried out on the Norwegian Continental Shelf...
May 05, 2026 / 07:30AM GMTJostein Alendal - Reach Subsea - CEO Good morning, and welcome to our first quarter 2026 webcast for Reach Subsea...
Norwegian subsea services firm Reach Subsea has received a letter of intent for a multi-year contract covering inspection...
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