Contract award in the Mediterranean Sea

Energy Disrupter

Fossil Energy – Subsea

Reach Subsea, a provider of subsea services globally, has been awarded a contract in the Mediterranean Sea for start-up early in Q2 2022, representing about 130 project days.

The project involves support of an Ocean Bottom Node campaign and will be performed by the Havila Subsea spread.

Tender volume and contract visibility for the 2022 season is looking promising. Reach now has approximately 1,450 project days for 2022 and 2023 execution.

“We are very pleased to have secured a decent-sized contract in the Mediterranean region, where we have focused on building up presence. Our ability to deliver quality ROV operations has been the key contributing factor in winning another OBN campaign. We also see great potential to sell Octio’s services in the Mediterranean, and are targeting specific projects in the region,” said Jostein Alendal, CEO of Reach Subsea.

Havila Subsea is a DP2 IMR and light construction subsea vessel on a charter with Reach Subsea since March 2017.

Original Source: https://ocean-energyresources.com/2022/02/17/contract-award-in-the-mediterranean-sea/