Sea1 Offshore

This week, we participated at the 31st annual Energy Conference hosted by Pareto Securities, held on September 11-12 in Oslo. Our CEO, Bernt Omdal, presented a business update on Sea1 Offshore’s year-to-date performance for 2024. Key highlights from this presentation: 🔹Strong financial position 🔹Positive long-term market outlook across all segments 🔹Well-positioned for future growth Interested in reading the full presentation? Check it out below. #Sea1Offshore #CompanyPresentation #EnergyConference

Our financial results for Q2 2024 were released today, and we are pleased to present a strong quarter with good results and first-class operations. The key highlights are as follows: 🔵 Safe and efficient operations in all regions 🔵 Strong financial performance 🔵 USD 841 million of firm contract backlog Check out the full presentation of the results below. #Sea1Offshore #FinancialResults #Q22024 

As announced yesterday, Sea1 Offshore intends to sign management agreements for six AHTS vessels owned by the Viking Supply Ships AB (publ.) group. The transfer of vessel management to Sea1 Offshore is planned for completion in October 2024, pending final documentation. This initiative is expected to result in substantial cost-optimizing effects to the benefit of all shareholders. The Norwegian newspaper Finansavisen has commented on the news. Read more here: https://lnkd.in/dc5u-Z5K #Sea1Offshore #VikingSupplyShips #AHTS #FleetManagement #OffshoreIndustry

More and more of our vessels are now proudly displaying our new logo following our name change from Siem Offshore Inc to Sea1 Offshore Inc. This marks a new and exciting chapter for us, and we look forward to continuing our journey as Sea1 Offshore Inc.🌟 Below, you can see pictures of one of our PSVs in Brazil having the new logo painted on. 📸 Glaucus Mariano #Sea1Offshore #OffshoreVessels #PSV #Brazil

Meet Maya Brown! She is a deck cadet from New Zealand who recently joined the Siem Amethyst to further on her career at sea. Maya is in the final stages of completing her under study and will soon achieve her 2nd Officers license. During her time on board, she begun her introduction to the offshore industry by actively participating in the day-to-day vessel operations, vessel maneuvering, DP cargo operations, winch driving, anchor handling deck operations and daily routine 2nd officer’s duties. Having spent most of her cadetship on cruise ships, Maya has successfully transitioned into the offshore industry and thoroughly enjoys her time on board the Siem Amethyst. – Moving into the offshore industry has brought new challenges and invaluable learning opportunities. I have to say, my time onboard the Siem Amethyst has been the most fulfilling and rewarding cadetship yet. I feel privileged to have been a part of a team who fostered such a positive learning environment and who all took an interest in my training. I was actively encouraged to contribute to various operations and be involved in many hands-on jobs. The support I have received during my contract with Sea1 Offshore has allowed me to develop the skills required of a qualified officer and prepare me for the next step in my career, Maya says. Lars Vogel, 2nd Officer on board the Siem Amethyst, adds: – We look forward to seeing Maya progress in her career within Sea1 Offshore and wish her all the best for her upcoming examination. Thank you for sharing your experiences, Maya! #Sea1Offshore #MaritimeCareer #OffshoreIndustry #DeckCadet

We are excited to welcome this year's apprentices to Sea1 Offshore! This week, we had the pleasure of hosting them at our head office in Kristiansand, where they completed their final preparations before starting their journey with us. 🌟⚓️ We look forward to having them join our team, and our experienced crew members are ready to support and guide them on board our vessels. We wish them the best of luck, and bon voyage! #Sea1Offshore #Apprenticeship #MaritimeCareer #WelcomeAboard

Last week, we were awarded the prestigious "Maritime Education Company of the Year" in Norway for our efforts in training young seafarers throughout 2023. 🏆 One of the highlights mentioned was our collaboration with STIFTELSEN CHRISTIAN RADICH's Windjammer education programme. This programme plays a crucial role in transforming young individuals from outsiders into seafarers. In this video, you will meet Lone and Robin, former Windjammer-participants who now work with us as ‘light sailors’. Check it out to see how they are doing on board!

We are proud and excited to announce that Sea1 Offshore has been awarded the prestigious ‘Maritime Education Company of the Year’ in Norway, for our efforts in training young seafarers throughout 2023! During a ceremony aboard the training ship Christian Radich on Wednesday, 12 June, our Chief Operations Officer, Tore Lillestø, proudly accepted the award from Minister of Fisheries and Ocean Policy, Marianne Sivertsen Næss. “For many years, we have worked purposefully to contribute to the recruitment and training of Norwegian seafarers. This award shows that we have done a lot right,” says Lillestø. The award comes from Norwegian Maritime Competence Foundation, which consists of representatives from the entire maritime industry in Norway. Line Heimstad, the foundation's chairperson, justified the award, stating: "We are impressed by Sea1 Offshore's investment in apprentices and sailors, and how the company contributes to uplifting the sailor profession. We particularly highlight the shipping company's collaboration with Christian Radich's Windjammer programme, which is an important contribution to guiding young people from being outsiders to becoming seafarers." Read more about the award and the ceremony on our website: https://lnkd.in/d_2cwk7r #Sea1Offshore #MaritimeEducation #Award

On June 1st, VPS’ Maress Decarb Summer Campaign kicked off, and we are participating with 16 of our vessels, all with Høglund FO-monitoring system installed. 🛳️ The competition runs until August 31st, during which our vessels will compete against 266 other vessels and 11 other companies on how to best reduce fuel consumption and emissions. Last year's campaign saw participants collectively save around 10,000 tons of CO2! We are excited to see what the overall CO2 emissions reduction result will be this year. 🤝 📸 Finbar Duggan #Maress #Decarbonisation #Reduction #Campaign

Our financial results for Q1 2024 were released today, and we are pleased to present a strong quarter with good results and first-class operations. The key highlights are as follows:  🔵 Safe and efficient operations in all regions 🔵 Revenue of USD 83 million and EBITDA of USD 33 million for the quarter 🔵 Firm Sea1 Offshore contract backlog of USD 857 million, in addition to USD 603 million of options 🔵Positive long-term market outlook in all segments Check out the full presentation of the results below. #Sea1Offshore #FinancialResults #Q12024