Norwegian subsea services firm Reach Subsea said Monday it had signed three-year frame agreement with Equinor for work on the Norwegian continental shelf and internationally to 2026. The agreement covers the full spectrum of Reach Subsea services…
Norwegian firms Eidesvik Offshore and Reach Subsea said Thursday they had completed the previously announced acquisition of the subsea inspection repair and maintenance vessel Viking Reach (ex-Edda Sun).The 85,30 meters long vessel was built…
Reach Subsea's subsidiary OCTIO has won a multi-year geophysical monitoring frame contract with an undisclosed operator offshore Australia.OCTIO will deploy its gWatch service to deliver gravimetry and seabed subsidence measurements.'This is…
Norway-based subsea services provider Reach Subsea has recently signed contracts amounting totally in excess of NOK 200 million, including an important strategic contract in the Brazilian market, which was signed yesterday (7 Sept). The contract…
OCTIO, as of recently a subsidiary of Reach Subsea, has secured a multi-year geophysical monitoring contract with Shell in Norway for the Ormen Lange offshore field. “OCTIO welcomes the opportunity to continue to support A/S Norske Shell at Ormen Lange…
Reach Subsea has agreed to buy OCTIO AS, a provider of monitoring solutions for oil and gas producing fields and CO2 storage reservoirs, from Equinor Ventures.OCTIO performs the geophysical studies that lead to overall monitoring strategies…
Norwegian subsea services company Reach Subsea has signed a contract with Kongsberg Maritime for the construction of the first two in a series of Reach Remote unmanned offshore surface vessels (USVs).These units will serve as mobile power banks…
Oslo-listed subsea services provider Reach Subsea has won a contract in the Mediterranean Sea for start-up early in Q2 2022, representing about 130 project days. The project, with an undisclosed client, involves the support of an Ocean Bottom…
Wilhelmsen has acquired a 21% stake in Reach Subsea ASA, and together the firms will form a strategic partnership to commercialize the Reach Remote concept, bringing Reach Subsea into new industry verticals and geographical regions.Jan Eyvin Wang…
Norwegian subsea services company Reach Subsea said Monday it had secured a contract in the U.S. Gulf of Mexico for end of 2021 and 2022 execution, representing about 230 project days.The project, with an unnamed client, involves the support…
The nominees for the 2014 ONS Innovation Awards have been announced. According to ONS, whose 2014 theme is 'Changes,' the jury has evaluated all of the applications for the ONS Innovation Awards. The award will be presented in two different…
DCN invests in ROV division DCN Diving has launched its own ROV division led by Fred Bosman as ROV operations manager. Bosman acquired his experience with robotic underwater systems with the Royal Dutch Navy, and for the past 13 years…
Andrew McBarnet suggests that seismic permanent reservoir monitoring may soon be seeing a new wave of interest if not an increase in projects. It seems like forever that people in the E&P business have been talking about a digital oilfield…
Andrew McBarnet offers this kaleidoscope of impressions from a major gathering of the geoscience community.At the end of any big industry event like last month's annual conference and exhibition of the European Association of Geoscientists & Engineers (EAGE) in Copenhagen…
Back from the SEG annual meeting in San Antonio, Andrew McBarnet detects stirrings in the market for ocean bed seismic services.Ten years ago when the Society of Exploration Geophysicists (SEG) held its annual meeting in San Antonio, the event…
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