Brief: Reach Subsea Signs Contract With MMT Sweden

Reach Subsea ASA

18/02/2021 09:36

Feb 18 (Reuters) - Reach Subsea ASA  REACH.OL :
    * HAS THROUGH COOPERATION WITH PARTNER MMT SWEDEN BEEN
AWARDED A
THREE-YEAR CONTRACT, WITH TWO ONE-YEAR OPTIONS FOR NORD STREAM
AG
    * 2021 SCOPE UNDER NEW CONTRACT WILL BE EXECUTED IN 1Q-2Q
    * FURTHERMORE, REACH HAS RECENTLY BEEN AWARDED SEVERAL OTHER
CONTRACTS AND CALL-OFFS UNDER FRAME AGREEMENTS FOR 2021
EXECUTION
    * APPROXIMATELY 550 PROJECT DAYS ARE NOW SECURED FOR 2021
EXECUTION, WHICH IS AN IMPROVEMENT FROM 400 DAYS SECURED AT SAME
TIME LAST YEAR.

Source text for Eikon:  ID:nObiQXg1ka 
Further company coverage:  REACH.OL 

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