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Reach Subsea Contract With Equinor Keeps Company Busy Abroad From Brazil.

Written by Paulo Nogueira
Published on 13/12/2023 at 00:34
empresa, companhia, organização
Contrato da Reach Subsea com a Equinor no exterior do Brasil – FOTO: ©2023 OFF Shore Energy
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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.

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

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Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

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