Norway, July 1 -- Reach Subsea ASA ("Reach") announces increased order backlog after securing multiple new contracts and call-offs within the scope of our existing frame agreements in the North Sea and European regions. Estimated total value of these contracts is NOK 370 million, commencing in Q3 and Q4 2025.Included in the order backlog is an award by Equinor for the unmanned vessel Reach Remote. This contract includes a number of initial survey and IMR work packages focused on remotely operated vehicle (ROV) across multiple sites in the North Sea and the Norwegian Sea. These survey and IMR scopes will leverage the proven capabilities of the Reach Remote spread both for survey and IMR.
Published by HT Digital Content Services with permiss...