CYPRUS; NORWAY —Marine seismic services provider SeaBird Exploration, operating as a wholly owned subsidiary of SED Energy Holdings Plc (ENERGY HOLDINGS), has been awarded a six-month contract to conduct ocean bottom node (OBN) source operations in West Africa. Under the agreement, the company will deploy its specialized seismic vessel, the Fulmar Explorer, with mobilization scheduled to commence in December 2026 and operations extending through mid-2027.
SED Energy Holdings Plc (ENERGY HOLDINGS) is an international energy services holding group focused on offshore seismic data acquisition and marine exploration operations. Its subsidiary, SeaBird Exploration, specializes in high-end two-dimensional seismic acquisition and ocean bottom node source services for global offshore oil and gas operators.
The six-month operational window encompasses initial vessel mobilization, active seismic source surveying across West African offshore basins, and final demobilization. Securing this multi-month commitment locks in continuous fleet utilization for the Fulmar Explorer into 2027 amid tightening global availability of high-specification seismic source vessels and rising offshore exploration tendering activity.
This contract reflects sustained upstream capital allocation toward deepwater reservoir imaging and field development across West Africa's offshore hydrocarbon corridors. For international oil companies, subsea survey contractors, and maritime service investors, constrained vessel supply combined with expanding ocean bottom node demand supports improved day rates, stronger fleet backlog visibility, and disciplined capacity utilization across the marine geophysical sector.
