Latest Reach Subsea News & Updates

See the latest news and media coverage for Reach Subsea. We track all announcements, press releases, and industry mentions in real time, all in one place.

Reach Subsea

Subsea survey, monitoring and ocean services provider

reachsubsea.no

Headquarters: Haugesund, Norway
Founded year: 2008
Company type: Public company
Number of employees: 500–1,000
Industry: Oil Related Services and Equipment

Last updated Today

Latest news about Reach Subsea

In short: Reach Subsea achieved record Q2 2026 results and expanded its uncrewed vessel fleet through international deployments and new orders.

Company announcements

August 4 Reach Subsea

Reach Subsea agrees to sell Viking Reach and WROV

Eidesvik Reach, 49.9%-owned by Reach, signed with undisclosed buyer; completion in Q4 2026. Expected gains: NOK 30m WROV, NOK 40m ownership, liquidity over NOK 200m.

June 9 Reach Subsea

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.

May 22 Reach Subsea

Reach Subsea signs a 2+1-year contract for Black Sea operations

The contract covers IMR and light construction services for an undisclosed charterer, with a strategic partnership and vessel charter from Solstad Maritime.

May 5 Reach Subsea

Reach Subsea reports weak Q1 2026 results

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.

Media coverage

August 18 Yahoo Finance

DOF Group ASA (FRA:UV3) (Q2 2026) Earnings Call Highlights: Record EBITDA and...

DOF Group ASA (FRA:UV3) posts record quarterly EBITDA of $238 million and a $7.2 billion backlog, while navigating vessel sales and market uncertainties.

August 4 Splash247

Eidesvik and Reach agree sale of jointly-owned IMR vessel - Splash247

Eidesvik Offshore and Reach Subsea have signed a memorandum of understanding to sell the jointly owned IMR vessel Viking Reach to an unnamed client. Eidesvik...

July 2 Yahoo Finance

REACH SUBSEA (REACH.OL) Q1 FY2026 earnings call transcript

Earnings call Reach Subsea reported Q1 2026 revenue of NOK 551.4 million, down 21% YoY, with EBIT swinging to NOK -192.1 million from NOK 68.2...

June 27 Reuters

Norway oil service lockout takes effect, disrupts offshore drilling

Around 1,000 Norwegian oil service workers were locked out on Saturday morning in an escalation of a labour dispute that is expected to disrupt drilling...

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