Sed Energy Holdings PLC
0.63
EUR
+0.00
(+0.48%)
ISIN
CY0101162119
Return %
Stock
S&P 500
1Y
0.16
14.20
3Y
40.29
81.12
5Y
30.95
68.34
Capital Structure
USD
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in mil. unless spec.Working Capital
USD
•
in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Quarterly Revenue
USD
•
in mil. unless spec.Quarterly Earnings Per Share
USD
•
in mil. unless spec.Quarterly Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- Kurt Magne Waldeland
- Full Time Employees
- 394
- Sector
- Industrial services
- Industry
- Contract drilling
- Address
- DIAGORAS HOUSE Nicosia NI Cyprus 1097
- IPO Date
- Apr 11, 2006
- Website
- energyholdings.cy
- Similar Companies
- Business
- SED Energy Holdings PLC engages in asset management and operating activities within the energy sector, with a focus on tender-assisted drilling and seismic data acquisition services to support offshore exploration and development. The company maintains a global footprint through its subsidiaries and operates a fleet of tender-assisted drilling rigs and specialized seismic vessels, providing surveying, data acquisition, and related support services to oil and gas projects. Headquarters are in Nicosia, Cyprus, and the company was founded in 2013 as a vehicle to own, develop, and operate energy-related assets with an emphasis on cash-flow predictability and shareholder distributions. Main products and services: - Tender-assisted drilling operations: ownership, management, and operation of TA drilling rigs (fleet includes EDrill-series assets and other supported rigs) providing offshore drilling services to energy projects; drilling campaign execution, rig mobilization, wellsite supervision, and related logistics. - Seismic data acquisition and surveying: marine seismic data acquisition services, including two-dimensional (2D) seismic, ocean-bottom seismic surveys, shallow water 3D surveys, data processing support, source services, and fleet-backed survey operations conducted via SeaBird Exploration Cyprus Ltd and affiliated units. - Asset and project management: portfolio management of energy-related assets, development of drilling and seismic projects, and coordination across service lines to optimize timelines and cash flows. - Supporting services: logistics, vessel coordination, equipment rental of seismic and drilling assets, and technical support for offshore exploration programs. Latest major company changes: - Strategic expansion through additional drilling campaigns and multi-year contracts tendered in 2025, with a demonstrated pipeline of prospects and projects in Southeast Asia and other regions, signaling growth in drilling activity and seismic data services. This includes ongoing tendering of multi-year contracts and expansion of the service fleet and project commitments. - Portfolio strengthening via partnerships and potential collaborations with offshore operators to secure long-term drilling and seismic data contracts, aligning with a broader strategy to enhance cross-service utilization and cross-sell opportunities across TA drilling and seismic data services. - Corporate and regional alignments reflecting operational scale-up, with continued emphasis on expanding global reach through Cyprus-based management and international subsidiaries to support offshore oil and gas exploration programs. Industry and segments: - Industry: Oil and Gas Services, Offshore Exploration and Production Support - Segments: Tender-assisted drilling services; Seismic data acquisition and related surveying; Vessel fleet operations; Asset management and project development Geographic operations: - Global footprint with operations centered in Cyprus (headquarters) and activities across offshore regions, including Southeast Asia and other international markets where drilling campaigns and seismic surveys are tendered and executed. Founding year and corporate structure: - Founded in 2013; headquarters in Nicosia, Cyprus. The company operates through subsidiaries including SeaBird Exploration Cyprus Ltd (seismic data and surveying) and Energy Drilling Management Pte Ltd (drilling operations), collectively forming a global services platform for offshore energy projects. Subsidiaries and parent relationships: - SeaBird Exploration Cyprus Ltd (seismic surveying and data acquisition) - Energy Drilling Management Pte Ltd (drilling operations and fleet management) - The structure supports integrated offshore exploration services through a unified corporate strategy and cross-functional capabilities.