First Contract for Reef Subsea in German Waters

Reef Subsea has been awarded a contract with AREVA Wind GmbH, to provide field support in the Global Tech I wind farm. The charter starts early October and is anticipated to continue until at least February 2015, with the option to extend the contract further.

First Contract for Reef Subsea in German Waters

This significant project will utilise the Reef Despina, a multi-purpose, environmentally friendly DP2 construction support vessel, and will see the Reef Subsea team providing vital field support to AREVA Wind for the commissioning of eighty 5MW AREVA offshore turbines spread over 100km of coastline.

Duncan MacPherson, Chief Executive Officer at Reef Subsea, said: “We are delighted to have secured this work scope with respected client, AREVA Wind GmbH. We look forward to working with AREVA to add value to the Global Tech I project and build a long-term, mutually favourable relationship.

This is the first project Reef Subsea has secured in German waters and we see it as an excellent opportunity to continue building on our exemplary track-record; as well as being the first step in our strategy to ensure we are in the optimum position for future German wind farm projects.”

This project win will conclude a busy year for the Reef Despina, Reef Subsea recently reported the safe and timely delivery of the Bøyla and Sierra L5 projects which, when combined with this latest assignment, has resulted in the utilisation for the vessel for the full duration of 2014, including the forthcoming winter period – a very satisfying achievement.

Press Release, October 08, 2014