Reach Subsea continues to increase order backlog after securing multiple new contracts, contract extensions and Call-offs within the scope of the company's existing frame agreements in the North Sea and the Americas region.

Reach Subsea has secured contracts with an estimated total value of above NOK 570 million. The majority of these contracts are starting in Q1 and covers all parts of their fleet and services.

Jostein Alendal, CEO Reach Subsea, commented:
"We are pleased to report success in securing work across various markets and regions. The growing demand for our subsea services across all sectors is evident from our recent contracts. It is a positive indication that our busy schedule for subsea projects extends into Q1, providing a strong start to this year.

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