Reach your sustainability goals
Health, Security, Environment and Quality Assuranse (HSEQ) are among the cornerstones in Reach Subsea and basis for our sustainability reporting. We believe that a high focus on sustainable business in good for prosperity, people and our planet.
Latest News & Reports
Reach Subsea ASA – Annual and Sustainability Report 2023
Haugesund, 19 April 2024 – Reach Subsea ASA has today published its Annual and Sustainability Report for 2023. The annual accounts and reports were approved by the Board of Directors on 15 April 2024. These numbers are identical to the preliminary 2023 accounts published as part of the Reach Subsea ASA fourth quarter 2023 report […]
Reach Subsea invests in local suppliers
On the 20 March Reach Subsea announced that it has ordered two new work-class ROVs of the ‘Constructor’ type from Kystdesign AS, with delivery scheduled for May 2024. The ‘Constructor’ is a powerful ROV designed to carry and operate large tools and modules and has a depth rating of 3000 meters. After delivery, the ROVs […]
Reach Subsea Expands Fleet: Charter Option Lifted and Two New Constructor ROVs Ordered
Haugesund, 20 March 2024: Reference is made to the 12 February 2024 stock exchange release, where Reach Subsea ASA (“Reach Subsea” or “Reach”) announced a 100 day project charter for the subsea vessel Olympic Taurus, with extension options for 2+1+1 years. Reach Subsea has now extended the charter for an additional 2 years and retain options […]
Reach Subsea ASA – Q4 2023 Record high numbers and strong outlook
Haugesund, 14 February 2023: Reach Subsea ASA, offering high quality solutions and technology to clients in need of ocean data and services, today published its fourth quarter 2023 results with solid revenue and profitability growth. Revenue for the quarter grew by 45 percent to NOK 474 million, whereas EBIT grew by 130 percent to NOK […]
Our business, vision & values
The Group’s business concept is to offer high quality solutions and support, to clients in need of Survey, Monitoring and Ocean Services.
Latest Projects & Operations
Unlocking enhanced value in 4D Seismic with Reach Subsea’s DepthWatch technology: insights from Reach Subsea and Shell
The acquisition of time-lapse subsurface imagery is instrumental in pinpointing untapped reserves and refining the extraction process. Among the most commonly employed technologies for subsurface imaging is 4D seismic. The integration of Reach Subsea’s DepthWatch service into 4D seismic surveys significantly enhances imaging capabilities, all while incurring only minimal additional costs for clients. Moreover, this […]
Reservoir monitoring surveys using gWatch at several Equinor-operated gas fields
Reach Subsea, offering high-quality solutions and technology to clients in need of ocean data and services, recently announced a notable accomplishment. The company has been awarded a contract encompassing surveying, monitoring, and subsea services, provided as an integrated turn-key solution. This milestone further marks the beginning of a gravity and seafloor deformation survey campaign that covers several Equinor-operated gas fields and is scheduled to commence in July this year.
Site Survey Campaign
Reach Subsea – Survey division was contracted to perform site surveys utilising high resolution multichannel seismic and a variety of geophysical and geotechnical sensors as well as performing ROV transects for habitat assessment survey. Project details Location: Norwegian sector Water depth: 100 – 390 meters Date: Summer 2019 EDITING ONGOING – BELOW TO CHANGE Scope […]
Pipeline Inspection campaign
Reach Subsea – Survey division, together with IKM Subsea AS and the vessel charterer, were contracted by Norske Shell to provide the Siem Pride, fully equipped with survey spread and ROV, to conduct the Annual Pipeline Inspection program of the Ormen Lange 120km gas export pipeline. Project details Location: Ormen Lange Water depth: 25 – […]
Investor Relations
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