Reach Subsea has been awarded a frame agreement for inspection, maintenance and repair (IMR) services by Statoil Petroleum.
The duration of the call-off based agreement is for 5 years, commencing in 2019.
“We are proud to be awarded the IMR Frame Agreement with Statoil, which is of significant strategic importance and improves visibility for our service offerings for the next 5 years. This award is a testament to the track record we have built over the past few years, combining a relentless focus on the highest quality in our operations, and strict cost discipline,” said Jostein Alendal, CEO of Reach Subsea.
