Reach Subsea Signs 2+1-Year Contract
Norway, May 22 -- Reach Subsea ASA has signed a 2 + 1?year contract covering IMR and Light Construction services offshore at the Black Sea, following the previously announced Letter of Intent. Reach Subsea ASA has entered into the contract with an undisclosed party (referred to as Charterer here within) that is providing provision of ROV-based subsea operations, construction support, and field services to a reputable end client in the region. The agreement establishes a strategic partnership and collaboration between Reach Subsea ASA and the Charterer. The Charterer is an established offshore service provider with a strong regional presence and experience in supporting energy sector operations. As the local contracting partner, the Chartere...
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