Search results for: Reef Subsea

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  • 7 June 2013
    Business & Finance

    Reef Subsea announced that it will undergo a strategic group-wide restructure to position the company for further growth and future success. Duncan MacPherson, who previously held the role of Managing Director of Reef Subsea Norway, has been promoted as the CEO of Reef Subsea with the responsibility of implementing the new strategy. Reef Subsea offers […]

  • 21 November 2012
    Business & Finance

    Reef Subsea today announced that its subsidiary company, Reef Subsea Power and Umbilical Ltd., with offices in Stockton-on-Tees and Aberdeen, has successfully completed a contract with UK energy company Centrica Energy. The contract saw Reef Subsea Power & Umbilical assist with seabed excavation services at the Chiswick platform on the Kew field development. Reef Subsea […]

  • 21 November 2012
    Business & Finance, Operations & Maintenance

    Reef Subsea today announced that its subsidiary company Reef Subsea Power and Umbilical Ltd., with offices in Stockton-on-Tees and Aberdeen, has successfully completed a contract with UK energy company Centrica Energy. The contract saw Reef Subsea Power & Umbilical assist with seabed excavation services at the Chiswick platform on the Kew field development. Reef Subsea […]

  • 16 November 2011

    Reef Subsea AS announced that they have signed two five-year charter agreements for two newly-built dynamically positioned subsea construction vessels – Neptune Despina and Neptune Larissa – from Neptune Offshore AS. Simultaneously Neptune Subsea AS, the ship owning company of the vessels, welcomes Reef Subsea as a 25% shareholder. Both vessels have been recently delivered […]

  • 21 January 2013
    Business & Finance

    Reef Subsea announced today they have secured new premises in Aberdeen, Scotland, to gather their local teams and operations under one roof namely ‘Reef Subsea House’, located within Altens Industrial Estate, south of the city. The bespoke building will support Group’s companies to continue to develop their respective businesses on a global scale from this […]

  • 28 January 2014
    Business & Finance, Operations & Maintenance, Storage

    HitecVision has announced the acquisition of GC Rieber Shipping ASA (GCR) shares in Reef Subsea. Through this share purchase HitecVision secures 100% of the shares in the company and enables Reef Subsea to move forward with a strategy to develop Reef along two main business areas – dredging and excavation (D&E) and integrated projects (IP). […]

  • 1 March 2011
    Business & Finance

    Reef Subsea is awarded four-year frame agreement contract by Technip for subsea construction operations in the North Sea and North Atlantic This frame agreement will allow Technocean AS, a subsidiary of Reef Subsea AS, to act as a partner to Technip Norway and other Technip Group companies for subsea services in the NCS (both Norway […]

  • 24 August 2012
    Business & Finance

    Reef Subsea has announced that it is set to fully rebrand and align its companies in Norway-namely Technocean and Scanmudring-Rotech Subsea – to position itself as a dynamic and integrated contractor in the subsea market. Coupled with an extension of its geographical footprint, the Group is well positioned to serve its clients with specialised services […]

  • 18 October 2011
    Business & Finance

    Reef Subsea extends its range of activities by providing installation and trenching services to the Offshore Oil & Gas and Renewables markets via Reef Subsea Power & Umbilical Ltd. Reef Subsea Power & Umbilical, based in Stockton-On-Tees, will provide the installation and trenching of submarine cables (power, inter-array, seismic) and umbilicals to its clients – […]

  • 30 August 2013
    Business & Finance

    Reef Subsea has taken the step to restructure its business into two divisions – one being a new division focused on integrated subsea projects and the second a restructure of the Dredging & Excavation division. In the restructure, Reef Subsea Power & Umbilical and Reef Subsea Norway has merged to form the new division, Reef […]

  • 24 August 2012
    Business & Finance, Equipment, Technology

    Reef Subsea announced yesterday that it is set to fully rebrand and align its companies in Norway, namely Technocean and Scanmudring-Rotech Subsea, to position itself as a dynamic and integrated contractor in the subsea market. Coupled with an extension of its geographical footprint, the Group is well positioned to serve its clients with specialised services […]

  • 21 January 2013
    Business & Finance

    Reef Subsea announced today they have secured new premises in Aberdeen, Scotland, to gather their local teams and operations under one roof namely ‘Reef Subsea House’, located within Altens Industrial Estate, south of the city. The bespoke building will support Group’s companies to continue to develop their respective businesses on a global scale from this […]

  • 18 October 2011
    Business & Finance, Operations & Maintenance

      Reef Subsea Power & Umbilical, based in Stockton-On-Tees, will provide the installation and trenching of submarine cables (power, inter-array, seismic) and umbilicals to its clients – oil & gas operators and contractors, energy companies, offshore wind farm developers, project management & engineering houses as well as product manufacturers. Reef Subsea Power & Umbilical’s range […]

  • 18 October 2011
    Business & Finance

      Reef Subsea AS announced that its new UK subsidiary, Reef Subsea Power & Umbilical Ltd. – based in North East England – is able to provide subsea installation and trenching services to its clients in both the Offshore Oil & Gas and Renewables markets. The company has just announced an order for a new […]

  • 7 June 2013
    Business & Finance

    Reef Subsea today announced that it will undergo a strategic group-wide restructure to position the company for further growth and future success. Duncan MacPherson, who previously held the role of Managing Director of Reef Subsea Norway, has been promoted as the CEO of Reef Subsea with the responsibility of implementing the new strategy. Reef Subsea […]

  • 7 June 2012
    Business & Finance

    Reef Subsea AS announced today that one of its Norwegian subsidiaries, Scanmudring AS, has fully acquired Norwegian company Vako AS. Scanmudring had previously owned 38% of Vako and today bought the remaining 62% for full ownership. Vako will be integrated into Scanmudring Rotech Subsea, a group of companies that have merged since Reef Subsea acquired […]

  • 12 November 2011
    Business & Finance

    Reef Subsea AS announced yesterday that they have acquired from Rotech Group 100% of their Rotech Subsea group of companies headquartered in Aberdeen, Scotland. With this friendly and strategic acquisition, Reef Subsea creates a world leader in Seabed Dredging and Mass Flow Excavation services with offices in the main subsea markets of the North Sea, […]

  • 6 February 2015
    Business & Finance, Equipment, Operations & Maintenance

    Norwegian offshore wind and oil & gas services player, Reef Subsea, has filed a bankruptcy petition to Bergen District Court despite company’s efforts to restructure and cut costs in order to stay afloat in today’s challenging market. The company, established in February 2010 and 100% owned by Stavanger-based company HitecVision, is likely to be Norway’s first […]

  • 8 October 2014
    Business & Finance

    Reef Subsea has been awarded a contract with AREVA Wind GmbH to provide field support in the Global Tech I wind farm. The charter commences early October and is anticipated to continue until at least February 2015, with the option to extend the contract further. This significant project will utilise the Reef Despina, a multi-purpose, […]

  • 13 November 2011
    Business & Finance

    Reef Subsea AS announced that they have acquired from Rotech Group 100% of their Rotech Subsea group of companies headquartered in Aberdeen, Scotland. With this friendly and strategic acquisition, Reef Subsea creates a world leader in Seabed Dredging and Mass Flow Excavation services with offices in the main subsea markets of the North Sea, Americas […]

  • 21 November 2012
    Business & Finance, Equipment, Project & Tenders

    Reef Subsea today announced that its subsidiary company. Reef Subsea Power and Umbilical Ltd., with offices in Stockton-on-Tees and Aberdeen, has successfully completed a contract with UK energy company Centrica Energy. The contract saw Reef Subsea Power & Umbilical assist with seabed excavation services at the Chiswick platform on the Kew field development. Reef Subsea […]

  • 23 April 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Reef Subsea has announced a re-organization to create three independent companies, Reef Subsea, X-Subsea and Technocean Subsea, all with separate management and independent strategies. Reef Subsea was created in 2010 in a joint venture between the oil and gas private equity investor HitecVision and Rieber Shipping. Following three years of growth in operations in the […]