-
Markets
-
Equities
Sustainable finance2025 Euronext ESG Trends ReportRead moreA data-driven snapshot of how Euronext-listed companies are advancing their Environmental, Social and Governance (ESG) practices.
-
Indices
Access the white paperInvesting in the future of Europe with innovative indicesRead moreThe first edition of the Euronext Index Outlook series with a particular focus on the European Strategic Autonomy Index.
-
ETFs
The European market place for ETFsEuronext ETF EuropeRead moreInvestors benefit from a centralised market place that will not only bring transparency but also better pricing due to the grouping of liquidity.
- Funds
-
Fixed Income
European Defence BondsGroupe BPCE lists the first bondRead moreFirst financial institution in Europe to issue a bond dedicated to the defence sector
- Structured Products
-
Derivatives
Where European Government Bonds Meet the FutureFixed Income derivativesRead moreTrade mini bond futures on main European government bonds
-
Commodities
- Overview
- Quotes snapshot
- Power Derivatives
- Milling Wheat derivatives
- Corn derivatives
- Spread contracts
- Rapeseed derivatives
- Durum Wheat derivatives
- Salmon derivatives
- Delivery & settlement
- Specifications & arrangements
- Commitments of Traders (CoT) report
- Commodity brokers
Building a sustainable and liquid power derivatives market.Euronext Nord Pool Power FuturesRead moreEuronext and Nord Pool, the European power exchange, announced the launch of a dedicated Nordic and Baltic power futures market.
-
Resources
Designed to help students navigate the complexities of financial marketsEuronext Trading gameRead moreJoin the Euronext Trading Game and step into capital markets. Learn from today’s leaders, explore sustainable opportunities, and trade with confidence.
Reach Remote 1 - Cleared for operations without supporting vessel.
13 Oct 2025 09:25 CEST
Issuer
Reach Subsea ASA
Haugesund, 13 October 2025 – Reach Subsea has been granted a trading permit to
operate its Reach Remote 1 Uncrewed Surface Vessel (USV) entirely through remote
operations—without a support vessel.
The permit was issued by the Norwegian Maritime Authorities, with technical
validation and support from DNV. Reach Remote 1 has already been in full
commercial operation, and this permit initiates the final phase towards full
certification.
“The Reach Remote programme is central to our strategy to transform subsea
operations through ocean robotics,” says Jostein Alendal, CEO of Reach Subsea.
“This milestone reflects the extraordinary collaboration across our teams and
with the Norwegian Maritime Authorities,”
This is the first approval of its kind for an USV of this size with integrated
Work Class ROV capability, representing a significant milestone for the maritime
and offshore industry.
“Since start of operations in April a support vessel has enabled human eyes to
observe while demonstrating remotely controlled unmanned operations” says Inge
Grutle, COO at Reach Subsea. “Our people have proved that Reach Remote has
equivalent or better maritime safety level and situational awareness compared to
manned vessels, which is validated by DNV and NMA through this trading permit”
On Saturday, 11 October, Reach Remote 1 sailed off to continue her work for
Shell on the Ormen Lange field, now entirely on her own, marking a historic
moment for Reach Subsea and the future of remote-controlled subsea services.
Reach Remote 1 is the first in a new class of USVs developed to perform offshore
tasks with significantly lower emissions and reduced need for offshore
personnel. As Reach Remote 2 prepares for deployment in Australia and with Reach
Remote 3 and 4 under construction, Reach Subsea continues to push the boundaries
of what’s possible at sea and beneath the surface.
-ENDS-
For more information please contact:
Arne Joa
Chief Financial Officer
Reach Subsea ASA
investors@reachsubsea.com
About Reach Subsea
Reach Subsea delivers its services through a versatile fleet of vessels,
including survey, IMR, construction support, and remote vessels. Our teams
operate worldwide, providing inspection, maintenance, construction support,
survey and data services across multiple industries, supporting clients
throughout every stage of their project lifecycles. Our offshore teams are
powered by advanced ROV technology and backed by onshore engineering expertise,
turning complex ocean challenges into reliable solutions. With over 500 skilled
professionals and offices in Norway, Sweden, the UK, the US, Brazil, Trinidad,
Australia, and Singapore, our vision—'Sustainable access to ocean space’—drives
safe, innovative, and sustainable subsea operations.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Reach Subsea ASA
Provider
Oslo Børs Newspoint
Company Name
REACH SUBSEA
ISIN
NO0003117202
Symbol
REACH
Market
Euronext Oslo Børs