SeaBird secures new contract for Fulmar Explorer in West Africa
Energy Holdings announced that its subsidiary SeaBird Exploration it secured a new contract to develop an offshore exploration campaign using Ocean Bottom Nodes (OBN) technology in West Africa. The project will be carried out by the Fulmar Explorer , one of the company's specialized vessels for acquiring geophysical data.
The contract is expected to last approximately three months and includes the mobilization and demobilization phases. According to the planned schedule, the vessel will begin its deployment once it completes its five-year classification, which is scheduled to be finished by August 2026.
Fulmar Explorer will begin operations after its inspection
The Fulmar Explorer will be responsible for carrying out marine exploration work during this new campaign. The vessel is equipped to operate in projects using OBN systems, a technology employed to obtain detailed information about the seabed during energy exploration activities.
This type of campaign allows the collection of high-resolution seismic data that is subsequently used to evaluate geological structures and support future decisions related to offshore projects.
SeaBird highlights the growth in demand in West Africa
SeaBird Exploration's chief executive, Finn Atle Hamre, said the award strengthens the company's order book and reflects the consistent demand for its data acquisition services.
Furthermore, he noted that West Africa continues to offer opportunities for the development of new seismic exploration projects, a trend that favors the Fulmar Explorer 's commercial positioning for future contracts in the region.
The company also emphasized that its goal will be to execute the project with high operational standards and meet the client's expectations throughout the campaign.
The contract improves Energy Holdings' commercial visibility
The addition of this project brings greater visibility to SeaBird's activity during the coming months and helps to maintain a stable utilization of its specialized fleet.
For Energy Holdings , the contract aligns with its strategy of strengthening a portfolio of assets capable of generating recurring revenue while maintaining a conservative financial structure. The company remains focused on combining disciplined growth with creating value for its shareholders by securing new contracts in the offshore market.
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