Reach Subsea Charters Solstad Vessel for Black Sea IMR Contract

## Reach Subsea Secures Black Sea IMR Contract with Solstad Charter Norway-based subsea services specialist Reach Subsea has secured a new inspection, maintenance, and repair (IMR) contract in the Black Sea region, according to Offshore Energy. The deal, struck with an undisclosed client, carries a 2+1 year term structure — a two-year firm period with a one-year extension option — signalling a meaningful medium-term commitment to the region. To support the contract, Reach Subsea has chartered a vessel from compatriot offshore operator Solstad Offshore, leveraging an established relationship between the two Norwegian maritime companies. The specific vessel assigned to the programme has not been publicly disclosed. ### Strategic Significance The Black Sea represents a distinct and strategically sensitive operating environment for offshore services companies. With active oil and gas infrastructure across the region — including assets operated by major energy producers — demand for subsea IMR services remains consistent, even as geopolitical complexities in the area require careful operational planning. The 2+1 contract structure is a common arrangement in the offshore sector, providing clients with operational continuity while offering service providers a degree of revenue visibility. For Reach Subsea, the award reinforces the company's positioning as a provider of remotely operated vehicle (ROV) and subsea services across diverse geographic markets beyond its core North Sea base. Solstad Offshore, one of Norway's largest offshore vessel owners, continues to deploy its fleet across a range of subsea and construction support roles globally. The charter arrangement reflects ongoing demand for quality tonnage in specialist offshore markets. ### Market Context The offshore IMR sector has seen improving activity levels in recent years, driven by ageing subsea infrastructure requiring increased maintenance attention and a broader recovery in upstream energy investment. Operators are increasingly prioritising asset integrity programmes, supporting workload for specialist contractors such as Reach Subsea. Further details regarding the client identity, specific vessel, and contract commencement date have not been disclosed by either party at this stage. *Source: Offshore Energy*