Reach Subsea’s vessel hired by ExxonMobil for construction work

Reach Subsea has entered into a contract with EXXON Mobil for the vessel Stril Explorer for light construction work in the North Sea.

Reach Subsea's vessel hired by ExxonMobil for construction work

Total contract value is approximately NOK 15 million.

Furthermore, Reach Subsea has entered into new cooperation contracts with MMT for cooperation on Offshore Survey and delivery of ROV-services. The collaboration has already resulted in multiple operations for the vessel Stril Explorer and the companies have bid on number of tenders.

Related: Reach Subsea, MMT enter joint venture deal

Established in 2008, Reach Subsea is a company with a comprehensive knowledge of subsea operations. The company provides engineering services and state of the art remotely-operated underwater vessels to the oil industry.

[mappress]
Press Release, April 15, 2014