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Oslo - Delayed Quote NOK

Reach Subsea ASA (REACH.OL)

6.01 -0.08 (-1.31%)
At close: October 30 at 4:25:20 PM GMT+1

Key Executives

Amounts are as of December 31, 2025 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NOK.
Name Title Pay Exercised Year Born
Mr. Jostein Alendal
CEO & MD 3.45M -- --
Mr. Arne Joa
Chief Financial Officer 2.78M -- --
Mr. Inge Grutle
Chief Operating Officer 3.3M -- --
Mr. Audun Brandtzaeg
Chief Technology Officer 3.31M -- --
Mr. Bard Thuen Hogheim
Chief Commercial Officer 3.3M -- --

Reach Subsea ASA

Møllervegen 6
Haugesund, 5525
Norway
47 40 00 77 10 https://reachsubsea.no
Sector: 
Energy
Full Time Employees: 
500

Description

Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers subsea services, including engineering solutions and project management for offshore operations; inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance; asset integrity and pipeline inspection services; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post-lay surveys, as well as vessel, personnel, survey, and on demand engineering. It also provides geophysical, geotechnical, and environmental survey solutions for site survey, pipeline/cable route survey, ROV, seabed mapping, and pipeline inspection; surface and subsea positioning solutions to support marine construction projects; specialist survey and positioning services to support international marine construction projects, offshore cable operations, rig and mooring operations, and seabed surveys; and support services for offshore power, communication, and umbilical cables, as well as supporting operation and maintenance/inspection, repair and maintenance services. In addition, the company offers geophysical monitoring solutions for hydrocarbon producing fields offshore, including 4D gravity, seafloor subsidence monitoring, depth watch for seismic nodes, injection integrity monitoring, well drilling, and real time seismic monitoring services; and environmental monitoring services that include multi-physical monitoring services. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.

Corporate Governance

Reach Subsea ASA’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

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May 30, 2025 at 12:00 AM UTC

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