Norway’s Reach Subsea has secured multiple new contracts and call-offs within the scope of existing frame agreements, all with an estimated value of NOK 370 million (around €31.2 million). The contracts are set to begin in the third and fourth quarters of 2025 in the North Sea and European regions.
London-based independent upstream player Viaro Energy is expanding its oil and gas portfolio in the UK sector of the North Sea through the acquisition of Deltic Energy, an AIM-listed natural resources investing company.
