Reef Subsea AS - Strategic SWOT Analysis Review by GlobalData

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									                              Reef Subsea AS - Strategic SWOT Analysis Review
        Reference Code: GDGE244654SA                                                                                         Publication Date: JAN 2013

          Solheimsgaten 15                                   Phone             +47 55 209940                    Revenue         NA
          Bergen                                             Fax               +47 55 209941                    Net Profit      NA
          5058                                               Website           www.reefsubsea.com               Employees       NA
          Norway                                             Exchange                                           Industry        Oil & Gas

       Company Overview
       Reef Subsea AS (Reef Subsea) is a subsea services contractor. It is a joint venture formed between GC Rieber Shipping and
       HitecVision. The company offers subsea services to oil & gas and renewables industries. The company along with its
       subsidiaries, Reef Subsea Norway, Reef Subsea UK, Reef Subsea Power & Umbilical and Reef Subsea Dredging & Excavation
       provide operators, contractors and fleet of subsea construction support vessels. The company's service category include subsea
       construction and, inspection, maintenance and repair (IMR), installation and trenching of cables and umbilicals, remotely
       operated vehicles (ROV), and survey services, seabed dredging and controlled flow excavation.
       Key Executives                                                             SWOT Analysis
                     Name                                Title                     Reef Subsea AS, SWOT Analysis
         Haakon Blaauw                     Chairman                                Strengths                            Weaknesses
         Pal Reed                          Director
                                                                                   Range of Service Offerings           Limited Geographic Presence
         Tor Espedal                       Director
                                                                                   State-of-the-Art Vessels and
         Irene Waage Basili                Director
                                                                                   Equipments
         Finn Atle Hamre                   Director
        Source: Company Website, Primary and Secondary Research,
        GlobalData                                                                 Opportunities                        Threats

                                                                                   Contracts & Agreements               Turbulent Global Markets
        Key Competitors
         Kreuz Holdings Ltd                                                        Prospects in Norwegian               Volatility In Oil & Natural Gas
                                                                                   Continental Shelf                    Prices
         DOF Subsea AS
         DeepOcean AS
                                                                                  Source: Company Website, Primary and Secondary Research, GlobalData
         Fugro Subsea Services Ltd.
        Aker Oilfield Services AS
        Source: Company Website, Primary and Secondary Research,
        GlobalData


       Recent Developments

       Jan 10, 2013                  RSD&E Completes Dredging And Excavation On Greater Gabbard Offshore Wind Farm
       Dec 13, 2012                  Reef Subsea Wins Contract From Statoil For Installation Of Full Seismic System
       Nov 09, 2012                  GC Rieber Shipping Signs Charter Contracts For Polar Queen And Polar Prince
       Oct 10, 2012                  Reef Subsea Wins ROV Service Contract From Statoil And Shell
       Oct 04, 2012                  Reef Subsea Launches New Q1000 Trench ROV In Newcastle, England
       Source: Annual Report, Company Website, Primary and Secondary Research, GlobalData




Reef Subsea AS - Strategic SWOT Analysis Review                                                                               Reference Code: GDGE244654SA
Source : www.globalcompanyintelligence.com                                                                                                                Page 1
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       Table of Contents
       Table of Contents ............................................................................................................................................................................... 2
          List of Tables .................................................................................................................................................................................. 3
          List of Figures ................................................................................................................................................................................. 3
       Section 1 - About the Company.......................................................................................................................................................... 4
       Reef Subsea AS - Key Facts .............................................................................................................................................................. 4
       Reef Subsea AS - Key Employees ..................................................................................................................................................... 5
       Reef Subsea AS - Key Employee Biographies ................................................................................................................................... 6
       Reef Subsea AS - Major Products and Services ................................................................................................................................ 7
       Reef Subsea AS - History................................................................................................................................................................... 8
       Reef Subsea AS - Company Statement ............................................................................................................................................. 9
       Reef Subsea AS - Locations And Subsidiaries................................................................................................................................. 10
          Head Office ................................................................................................................................................................................... 10
          Other Locations & Subsidiaries ..................................................................................................................................................... 10
       Section 2 – Company Analysis ......................................................................................................................................................... 12
       Reef Subsea AS - Business Description .......................................................................................................................................... 12
       Reef Subsea AS - Corporate Strategy ...................................................................................................................................
								
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