Strong operational leverage drives EBIT to double, while the company progresses its Reach Remote carve-out with strong partner interest.

Equinor awards new subsea contracts to Reach Subsea, boosting RR1 utilization and advancing autonomous offshore operations in 2026.

Equinor (OB:EQNR) has signed new multi year contracts with Reach Subsea to deploy the uncrewed Reach Remote 1 vessel in the North Sea. The agreements cover gas reservoir monitoring at the Troll field and subsea asset maintenance on the Norwegian Continental Shelf. The contracts expand Equinor's use of uncrewed surface and ROV technology for offshore operations and inspection work. For investors watching Equinor at a share price of NOK399.1, this move adds an operational angle to a stock...

The work is scheduled to run back-to-back, with most of the vessel spread’s capacity committed through Q2 and Q3 2026.

Despite financial setbacks, Reach Subsea ASA (FRA:4RS) advances its remote operations and secures new funding to bolster future growth.

Despite a dip in profits and margins, Reach Subsea ASA (FRA:4RS) strengthens its position with pioneering unmanned vessel operations and a robust cash flow.

Despite a weaker quarter, Reach Subsea ASA (FRA:4RS) leverages new technology and a diversified revenue mix to maintain a strong market position.