Norwegian subsea services player Reach Subsea is facing a compensation claim of up to NOK158.5m ($16m), plus interest, from state-owned electricity transmission operator Statnett following a dispute over a cable installation tender. The Haugesund-based company disclosed that one of its wholly owned subsidiaries had received a statement of claim from Statnett concerning a tender process …

Actor: Statnett (government agency)
Category: Industry & regulation, Critical infrastructure
Source: Splash247 · 10 Nov 2026