Portuguese 
Spanish 
Reach Subsea Will Start Operations for Equinor at the Peregrino Field, Brazil, with the Submarine Vessel Havila Subsea.
Reach Subsea is about to begin its operations for Equinor offshore Brazil using the submarine Havila Subsea.
Reach Subsea, in partnership with the Brazilian company OceanPact, was selected by Equinor to provide a range of services, including light construction, inspection, maintenance and repair (IMR), and research at the Peregrino field, offshore Brazil.
This partnership opens doors to new business opportunities and highlights Reach Subsea’s expertise in providing high-quality solutions in the subsea sector.
-
With a record production of nearly 3 million barrels per day, Petrobras resumes importing diesel in July, highlighting the bottleneck in Brazilian refining.
-
Qantas and Airbus Invest in Company Aiming to Convert Unsorted Household Trash into Jet Fuel
-
Brazil’s ANP Opens 86 New Oil Blocks in the Equatorial Margin, Expanding the Amazon River Mouth Frontier
-
OPEC+ Boosts Oil Supply by 188,000 Barrels per Day in July 2026, Leading to Price Drop from $112 to $89 per Barrel in Under Two Months
Extended Contract of Reach Subsea with Havila Subsea in the Brazilian Market
Reach Subsea’s ongoing project in Brazil will continue this month, with the Norwegian company Havila Subsea carrying out the activities. Reach Subsea extended the vessel’s contract in September, keeping it valid until December 31, 2024.
According to the Norwegian company, the project has high technical complexity, involving a combination of services provided by different divisions of the organization.
‘The expansion in the growing Brazilian market is of great importance and implies significant potential for Reach Subsea. The Equinor contract is solid proof of our commitment and success’, commented Cleiver Moulin, MD Brazil of Reach Subsea.
Guaranteed Contracts and News at Reach Subsea
With this contract award, along with several other recent contracts in Europe and the U.S., Reach Subsea has secured contracts with a total estimated value above NOK 265 million (approximately US$ 24.3 million). Most of these contracts will start in the fourth quarter of 2023 and the first quarter of 2024.
‘We are witnessing consistent and robust demand for our services in the oceanic sector. These contracts reinforce our order book and serve as confirmation of the appealing value proposition of our comprehensive and integrated offerings. They also highlight our ability to effectively compete for a wide range of assignments globally’, stated Jostein Alendal, CEO of Reach Subsea.
New Charter Contract of Reach Subsea with Agalas for IMR/Research Vessel
In November, Reach Subsea signed a charter contract for three to five years, including additional options, with Agalas for a low-emission IMR/research vessel. The vessel will have a smart lift arrangement and a package of equipment adaptable to various market segments, being built at Sefine Shipyard in Turkey, with specifications developed in collaboration with Agalas and the designer NSK Ship Design.
Source: © OFF Shore Energy
