SeaEnergy PLC Interim results - 2014 September 2014 CONFIDENTIAL
Mission and Vision Mission SeaEnergy is an innovation-led offshore energy services business. Vision SeaEnergy will build on its unique heritage, in both renewables and oil & gas, to develop a portfolio of complementary and innovative…
New structure CEO Finance and Operations Business Commercial Support team Director Development Director Marine Consulting R2S R&D Finance team R2S capture and Max and Co modelling Forensic
R2S Photographic capture and model building Excellent market position and growth potential BP, Chevron, Total, Pemex Internationalisation becoming a reality Relationships with key clients Deepening as service offering expands…
R2S Development Exclusive focus on capture and modelling New versions and features New collaborations drive expansion Pemex Ku Maloob Zaap
Consulting Strong, broad relationships with key clients DONG Carbon Trust Diversification With key clients New clients Building resource Developing strategic focus
Consulting (contd) Max and Co. Making sense of complex information Significant contract win Talisman-Sinopec Leveraging into consulting Large offshore contractor ISO 55000 Standard for Asset Management Forensic Opportunities in…
Marine Ship Management Joint Venture signed with GO MARINE Three vessels under management Surf Ranger On contract to Harkand ISS for North Sea working in ROV support Go Electra On contract to Harkand ISS for North Sea, ROV…
Three vessels under management Go Pegasus SurfRanger Photo: D. Dodds Go Electra
Marine Finalising Joint Venture - GOSeaEnergy Operations Limited - to bid for wind farm and other walk-to-work operations and maintenance opportunities JV accesses GOs financial capacity and yard relationships, SeaEnergys market…
Synergies Reorganisation to enhance synergy capture Non-recurring costs to be VAM leads to Consulting marine opportunity cross-sells recouped within VAM 12 months Already developing collaboration Marine expertise across the…
Outlook Move into profit in 2014 Growing contribution from R2S, Marine, Consulting Internationalisation Permanent Houston office Far East prioritised Collaborative relationships Marine joint ventures Formal and informal…
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