Reach Subsea Secures Work for Two of Its Vessels

Reach Subsea has signed contracts for two of its vessels with undisclosed clients.

The first contract Reach Subsea has signed with an international energy company for the subsea vesselĀ Olympic Challenger.

The agreement will secure the work for Olympic Challenger for a period of three months with extension options for another two months.

Olympic Challenger is currently employed on spot contracts lasting to the end of June, and will in direct continuation mobilize for this new 3-5 months contract.

Reach Subsea has also signed a contract for Edda Fonn, which starts immediately and will last for 25 days.

The client has an option to extend the contract by another 25 days.

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