The potential contract will have a duration of approximately 75 vessel days and is scheduled for execution in the fourth quarter of this year.
The project will see the utilization of one of Reach Subsea’s DP2 subsea vessels and the Surveyor Interceptor onboard high-speed survey remotely operated vehicle (ROV).
Reach Subsea achieved “record” high revenue and operating profit in 2022, with its order backlog being seven times higher than in the year earlier.
The Norwegian company explained that the improvement was fuelled by high utilization, improved pricing, solid execution and the addition of the iSurvey and Octio businesses.
