SeaEnergy PLC Annual Results 2013 April 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…
Timeline Turnover and key events 6 5 4 millions 3 2 1 0 2012 2013
A return to profitability 2011 2012 2013 0 -0.5 -1 H1 millions -1.5 H2 -2 -2.5 -3 -3.5
R2S - overview A unique visual asset management technology Originally developed for crime scene evidence management Now rapidly growing in the oil industry
A look at R2S
What is it used for Uses Planning Briefing Asset familiarisation Safety Training Linking to databases Benefits Improved efficiency of work Fewer bed spaces required offshore Fewer helicopter flights Better control of…
Building the competitive position Strength of relationship Targets eg. : Statoil Centrica Apache NOCs Duration of relationship
R2S Development Continuing revenue growth into 2014 Internationalisation Recaptures Release of V.3 User Group Potential for industry diversification Development of additional services Spectrum from simple data hosting to advanced…
SeaEnergy Ship Management Ship management is scalable and has low capital requirements Recruited experienced ship management team in June 2013 Stand alone revenue generation Expert in dynamic positioning and walk to work Reinforced…
Consulting High quality clients New and expanding work streams Opportunity for cross sales Expansion of service lines to broaden R2S offer Developing reputation in offshore wind
Legacy Assets Lansdowne Oil & Gas PLC (LOGP.L) UK North Sea 21.5% interest Royalty Market capitalisation: 22.5 million [31 March 2014] Scolty discovery, In the balance sheet at 5.6 million block 21/8a 20% stake in Barryroe: Irelands…
Commentary on 2013 R2S core business of photographic capture and modelling was key driver Increasing average contract scope and value International expansion Max and Co digital media and forensic in Consulting Capturing new…
Outlook for 2014 Continuing growth from R2S, Consulting, Marine Move into profit Synergies captured across the Group Ship management joint venture and more New international locations Legacy assets
Thank you for listening for more information please visit www.seaenergy-plc.com
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