Reach Subsea has secured a deal worth up to $10.3 million with Technip to provide remote-operated vehicle services on a newbuild subsea construction vessel to be supplied by Eidesvik Offshore.
Eidesvik Offshore and Reach Subsea have in partnership entered into a firm contract with Technip in Norway.
Reach will execute the contract using Eidesvik Offshore's newbuild TBN Viking Neptun, equipped with Reach ROVs and manned by Eidesvik marine personnel and Reach ROV personnel and engineers.
TBN Viking Neptun is a state of the art vessel, and represents the largest investment Eidesvik has done in the subsea segment. The vessel is well positioned for future environmental requirements in vulnerable areas like the Arctic, through high focus on environmental friendly solutions in the development process of the vessel.