Reach Subsea ASA (Reach Subsea) continues to increase its order backlog after securing multiple new contracts, contract extensions and call-offs within the scope of our existing contracts and frame agreements.
Reach Subsea has recently secured contracts with an estimated total value of 500 million NOK for 2024 and 2025.
Jostein Alendal, CEO of Reach Subsea, said: “We are capitalizing on strong market demand and are pleased to report the continued strengthening of our order backlog. It also serves as a positive market indication that our project schedule in the ocean sector extends throughout 2025, offering greater long-term visibility.”
The energy transition, in its simplest form, calls for a transformation of global production—an undertaking beyond…
Send us your latest corporate news, blogs or press releases.
Please see our Privacy Policy for any questions relating to image use.
Ocean News & Technology
8502 SW Kansas Ave
Stuart, FL 34997
[email protected]
