Executive Interview – SeaEnergy

SeaEnergy’s strategy is to build a portfolio of complementary offshore energy services businesses, with particular emphasis on support for operations and maintenance. In August 2012 SeaEnergy acquired R2S, a visual asset management business, and simultaneously set up a consultancy providing services to the offshore wind market. In June 2013 SeaEnergy established its own ship management business and recently signed a JV with Go Offshore in this area. For some time SeaEnergy has also been active in developing a new generation of offshore wind farm operations and maintenance vessels. SeaEnergy retains some legacy oil and gas assets that will be disposed of in due course.

CEO John Aldersey-Williams remains confident that SeaEnergy will move into profitability in 2014. He expects the visual asset management business to continue its rapid growth and believes the recent contract in the Gulf of Mexico represents a trend of growing internationalisation for this business. He also believes that the joint venture with Go Offshore will help accelerate the progress of both the ship management business and the development of offshore wind farm support vessels.