Reach Subsea secures work for Havila Subsea vessel
- Business & Finance
Norwegian subsea services provider Reach Subsea has entered into a contract for the IMR, survey and construction vessel Havila Subsea.
In an update on Friday, Reach said the contract obtained for the Havila Subsea vessel will start in the third quarter and it will cover 60 days, plus options.
Earlier this year, Reach entered into a contract with Havila Shipping for the use of the Havila Subsea vessel for three years. Reach then mobilized ROV and survey equipment on board, which constitutes a subsea spread to be used on projects within IMR, survey, light construction and renewables.
The company also said on Friday that the WROV spread mobilized on board the multi-purpose support vessel Stril Explorer has covered 150 days during the second and third quarter, plus options.
Further, Reach Subsea and Eidesvik Offshore have agreed to extend the cooperation for the two WROV spreads mobilized on board the heavy construction and cable lay vessel Viking Neptun to include 2018. The vessel is currently starting operations for 50 days firm contracts, plus options, for second and third quarter 2017.
In addition, the construction support vessel Normand Reach vessel is expected to start operations in Australia late second quarter under a 120 days’ contract between owners Solstad Offshore and McDermott. Reach Subsea will deliver all WROV-services including personnel and tooling.
Finally, the company said that the IMR, survey and light construction vessel Edda Fonn has had strong utilization so far in the second quarter, and has good prospects for continued high utilization.