Reach Subsea has teamed up with Sweden’s Aibel AS in order to broaden its client base and get involved in more complex projects.
The Oslo-listed company has signed a formal cooperation agreement with the service provider for projects within subsea oil and gas, renewables, ship and rig repairs and decommissioning of existing platforms.
Reach and Aibel operate in the same market segments but they have a different contracting approach.
Aibel’s