Norwegian offshore services player Reach Subsea has been awarded several new contracts, contract extensions and option exercises worth in total more than NOK570m ($54.5m). The new work relates to existing framework agreements for operations in the North Sea and the Americas region. Most of these contracts are starting in the first quarter and cover all parts of the company’s fleet and services, Reach said in an Oslo filing. “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,” said Jostein Alendal, CEO of Reach Subsea. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsNorway