Brief: Reach Subsea And MMT Group Gets Contract

Reach Subsea ASA

19/08/2020 14:04

Aug 19 (Reuters) - Reach Subsea ASA  REACH.OL :
    * CONTRACT AWARD
    * REACH SUBSEA ASA ("REACH") AND MMT GROUP AB ("MMT") HAVE
BEEN
AWARDED A CONTRACT WITH A MAJOR EUROPEAN ENERGY COMPANY FOR A
CABLE ROUTE SURVEY
    * REACH NOW HAS APPROXIMATELY 1,100 PROJECT DAYS (EQUIVALENT
TO
ABOUT 1,800 ROV DAYS) FOR 2Q-4Q 2020 EXECUTION,
    * CAMPAIGN HAS TWO PHASES AND WILL BE CONDUCTED DURING 4Q
2020 AND
IN 2021

Source text for Eikon:  ID:nObiLL6FCa 
Further company coverage:  REACH.OL 

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