Oil and Gas News | Oil and Gas Jobs | Oil and Gas Engineering
The Oil & Gas Hub
  • Main
  • News
  • Photo
  • Video
  • Oilfield Jobs
  • Learning Section
  • Oil & Gas Calculator

Statoil expands frame agreement with MMT and Reach Subsea

2018.01.15
779

Statoil has renewed and expanded MMT’s frame agreement. The successful co-operation between Reach Subsea and MMT Sweden has resulted in a new frame agreement covering both survey and light construction for the next three years. The frame agreement is call-off based, which means that Statoil can award contracts for survey and light construction projects in the North Sea on an as needed basis.



As part of the frame agreement, MMT Sweden has in co-operation with Reach Subsea been awarded a contract with Statoil for survey and light construction work offshore Norway. The value of the contract is confidential. The work will be performed with the subsea vessel Havila Subsea from early February onwards and will include survey and light construction.

The frame agreement and the associated awarded work is of great strategic importance for both MMT Sweden and Reach Subsea.

The two companies have worked jointly together since 2013 and have gradually increased the market share within the segment of survey and light construction with the aim of being a key supplier for the major clients in this segment.

Furthermore, MMT and Reach have in recent years made large investments in this segment, developing a professional and experienced personnel base and building a modern fleet of vessels and equipment in order to be prepared for this project.

Related Posts

Weekly Energy Digest - May 6th,2025
2025.05.06
180
Weekly Energy Digest - May 6th,2025
Oil benchmarks declined for most of the week, with fears of further OPEC+ output cut rollbacks compo…
Weekly Energy Digest - April 30th,2025
2025.04.30
383
Weekly Energy Digest - April 30th,2025
Oil prices fell for the week on the back of OPEC+ members’ discussion about an additional supp…
Weekly Energy Digest - April 22th,2025
2025.04.22
542
Weekly Energy Digest - April 22th,2025
Oil benchmarks recorded their first weekly gain in 3 weeks. Oil markets spent most of the week seeki…
Weekly Energy Digest - April 15th,2025
2025.04.15
724
Weekly Energy Digest - April 15th,2025
Oil prices continued their decline this week, reaching four-year lows due to escalating US-China tra…
Market quotes are powered by TradingView.com
© Oil and Gas News | Oil and Gas Jobs | Oil and Gas Engineering, 2025
ADVERTISE  | Contact Us  | Privacy Policy  
Made in studio Zuber