Sea1 Offshore Incorporation
2.55
EUR
-0.08
(-3.05%)
ISIN
KYG812291253
CUSIP
G81229125
Return %
Stock
S&P 500
1Y
51.49
14.20
3Y
4.95
81.12
5Y
934.55
68.34
Capital Structure
USD
•
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
- Bernt Magne Omdal
- Full Time Employees
- 756
- Sector
- Transportation
- Industry
- Marine shipping
- Address
- Kjoita 18 Kristiansand VA Norway 4630
- IPO Date
- Aug 12, 2005
- Website
- sea1offshore.com
- Similar Companies
- Business
- Sea1 Offshore Inc. offshore vessel provider The company supplies offshore energy service vessels and related support services to the offshore oil, gas, and renewables sectors. Core offerings include subsea construction vessels; anchor handling tug supply (AHTS) vessels; platform supply vessels (PSVs); well intervention and subsea operations teams; fast crew and oil spill recovery vessels; walk-to-work and trenching capabilities; and related marine, technical, and project management services. The firm operates a diversified fleet and provides turnkey solutions from vessel chartering and day-rate services to complex offshore engineering and installation campaigns. Geographic reach encompasses key offshore markets across Europe and other regions, delivering services to both offshore oil and gas producers and renewable energy developers. Main products and services: subsea vessel operations and support; anchor handling and towing; platform supply and logistic support; well intervention and subsea construction services; offshore energy support vessel (OESV) contracts; fast crew transfer and oil spill response capabilities; trenching and walk-to-work operations; project management and engineering services; vessel chartering and fleet management; maintenance, refitting, and technology upgrades for offshore assets. Latest major company changes: pursues strategic partnerships and revenue-sharing arrangements to optimize fleet utilization; signs newbuild contracts for Offshore Energy Support Vessels to expand capacity; engages in debt refinancing and asset sales to optimize capital structure; reports quarterly results reflecting shifts in utilization and day rates; executes fleet rationalization through selling non-core assets and reallocating capital to higher-return projects; expands operational footprint through partnerships with shipyards and service providers to accelerate vessel delivery windows and enhance service offerings. Additional context: industry focus spans offshore oil, gas, and renewable energy support services; serves service segment clients including oil majors, offshore operators, and windfarm developers; operates fleets comprising subsea, AHTS, PSVs, and FCV/Oil Spill Recovery vessels; headquarters and primary operations in Europe with activity across multiple international markets; structure may include subsidiaries or partnerships aligning with parent corporate strategy and capital allocation.