Norway · Delayed Price · Currency is NOK Reach Subsea ASA Company Description
Reach Subsea ASA provides subsea services in Norway and internationally.
It operates in two segments, Oil & Gas and Renewable/Other. The company offers subsea services, including engineering solutions and project management for offshore operations; inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance; asset integrity and pipeline inspection services; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post-lay surveys, as well as vessel, remotely operated vehicles (ROV), personnel, survey, and on demand engineering.
It also provides geophysical, geotechnical, and environmental survey solutions for site survey, pipeline/cable route survey, ROV, seabed mapping, and pipeline inspection; surface and subsea positioning solutions to support marine construction projects; specialist survey and positioning services to support international marine construction projects, offshore cable operations, rig and mooring operations, and seabed surveys; and support services for offshore power, communication, and umbilical cables, as well as supporting operation and maintenance/inspection, repair and maintenance services.
In addition, the company offers geophysical monitoring solutions for hydrocarbon producing fields offshore, including 4D gravity, seafloor subsidence monitoring, depth watch for seismic nodes, injection integrity monitoring, well drilling, and real time seismic monitoring services; and environmental monitoring services that include multi-physical monitoring services.
The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012.
Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.
| Country | Norway |
| Founded | 1909 |
| Industry | Oil & Gas Equipment & Services |
| Sector | Energy |
| Employees | 438 |
| CEO | Jostein Alendal |
Contact Details
Address: Møllervegen 6 Haugesund, 5525 Norway | |
| Phone | 47 40 00 77 10 |
| Website | reachsubsea.no |
Stock Details
| Ticker Symbol | REACH |
| Exchange | Oslo Børs |
| Fiscal Year | January - December |
| Reporting Currency | NOK |
| ISIN Number | NO0003117202 |
| SIC Code | 4400 |
Key Executives
| Name | Position |
|---|---|
| Jostein Alendal | Chief Executive Officer and MD |
| Birgitte Wendelbo Johansen | Chief Financial Officer |
| Inge Grutle | Chief Operations Officer |
| Audun Brandtzaeg | Chief Technology Officer |
| Bard Thuen Hogheim | Chief Commercial Officer |
| Sven Magne Storesund | Asset Manager |