Olympic Subsea - Contracts update

16 Nov 2021 08:55 CET

Olympic Subsea is pleased to announce the extension of contracts for two vessels
and a new contract for one vessel.

Olympic Subsea and Reach Subsea has agreed to extend the contracts for Olympic
Artemis and Olympic Delta. The vessels will be employed until Q1 2023, with no
further options.

The two companies has also agreed on a contract for Olympic Challenger. The
contract will start in Q1 in direct continuation of a project the vessel is
currently undertaking on a European Offshore Windpark.

"We are pleased to continue our good working relationship with Reach Subsea, and
this is an acknowledgement of our expertice in operating modern, fuel-efficient
and advanced subsea vessels, as well as recognition for the fantastic job our
crew members have done, during the challenging times due to the global pandemic,
in securing nothing but impressive customer feedback for our performance
throughout the fleet." says Stig Remøy

Contact:
Stig Remøy, CEO +47 70081200

More information:
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