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The multinational firm SED Energy Holdings announced the award of a new contract through its wholly-owned subsidiary, SeaBird Exploration. This strategic agreement involves the execution of geophysical survey and exploration services using ocean bottom nodes (OBN) in the West African region. The deployment of specialized technology will meet the client’s technical requirements in a market experiencing sustained reactivation of investment in marine infrastructure.
Details of the OBN exploration contract in West Africa
Based on the terms stipulated by the corporation, operational activities will have an approximate duration of three months. This period fully includes the necessary phases of mobilization and demobilization of equipment. The management of this project strengthens the organization’s order book and consolidates its position in the South Atlantic.
For the implementation of the seismic campaign, the company will utilize the Fulmar Explorer vessel, a specialized source vessel built in 2009. The official schedule establishes that the mobilization of the naval unit will begin immediately after completing its corresponding five-year classification. The thorough and mandatory technical review is scheduled for August 2026, ensuring international maritime safety standards.
Likewise, SeaBird Exploration’s executive management noted that the award confirms operators’ confidence in its geological data acquisition capabilities. Optimized timelines, operational safety, and efficient delivery of results are the fundamental pillars for the execution of this mandate.
The current dynamism of the West African coast suggests an increase in the demand for deep seismic survey services. The availability of the Fulmar Explorer in the area will allow for immediate operational synergies and facilitate bidding for future public and private tenders in the regional energy sector.
Furthermore, the parent company SED Energy Holdings maintains its corporate policy focused on cash flow generation and capital optimization. The diversification of assets and the disciplined execution of these projects seek to maximize the value directly transferred to shareholders through the distribution of surplus liquidity.
Source and photo: Energy Holdings
