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Reach Subsea Extends Olympic Taurus Charter and Orders Two ROVs

marinesalvage by marinesalvage
June 19, 2024
in Tug&Barge&Salvage
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Reach Subsea Extends Olympic Taurus Charter and Orders Two ROVs
Olympic Taurus vessel (Credit: Olympic Subsea)

Olympic Taurus vessel (Credit: Olympic Subsea)

Norwegian firm Reach Subsea has prolonged the constitution for the Olympic Taurus subsea vessel and ordered two new Constructor-type remotely operated automobiles (ROVs) from Kystdesign.

Back in February, Reach Subsea announced a 100-day project charter for the subsea vessel Olympic Taurus, with extension choices for two+1+1 years.

The firm has now prolonged the constitution for an extra two years and retain choices for an additional 1+1 years.

“With a strong backlog and substantial tender pipeline for the approaching durations, we’re enhancing our capability to capitalize on the quickly advancing world subsea market. Reach Subsea is ideally positioned with a complete service portfolio spanning ocean companies and information supply, catering to each the rising renewables sector and the established oil and gasoline market,” mentioned Jostein Alendal, CEO of Reach Subsea.

In addition, Reach Subsea has ordered two new Constructor ROVs from Kystdesign with supply in May 2024, which shall be financed by way of the gear leasing body settlement.

The Constructor is a heavy obligation ROV designed for carrying and working massive instruments and modules and has a depth score of 3000 meters. Following supply, the ROVs shall be mobilized onto the Reach Subsea fleet and can increase its subsea service capability into the 2024 season.

“The addition of the two new Constructor ROVs not only enhances our fleet’s flexibility but also bolsters our capability to efficiently execute a diverse range of underwater tasks.

“These cutting-edge ROVs seamlessly integrate into our existing portfolio of assets, further solidifying our position to effectively address the demands of our clients.

“Their advanced technology and robust design align perfectly with our commitment to deliver high-quality services and meeting the evolving needs of our clients across various industries,” added Alendal.

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