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Energy Holdings: SeaBird signs new contract for Eagle Explorer

2026-07-06, 08:00

Limassol, Cyprus – July 06, 2026 – SED Energy Holdings Plc ("Energy Holdings") is pleased to announce that a subsidiary of SeaBird Exploration ("SeaBird") has secured a contract for a 2D seismic survey offshore India.

SeaBird will deploy the Eagle Explorer for the campaign. The vessel is expected to commence mobilisation in mid-July, with the project expected to keep the vessel utilised through the first half of 2027. The award further strengthens SeaBird's presence in the Indian market and supports the company's positioning for additional opportunities in the region.

Finn Atle Hamre, CEO of SeaBird, commented: "We are pleased to secure this new project for Eagle Explorer, further strengthening our backlog and providing increased visibility into 2027. The award reflects continued demand for high-quality 2D seismic data, supported by an increasing focus on energy security and resource development across the region. SeaBird has a strong track record of delivering safe, reliable and efficient operations, and we look forward to executing the project to the client's satisfaction. We continue to see strong demand for our services in India and the broader Asia-Pacific region, and this contract positions Eagle Explorer well for additional opportunities going forward."

For more information, contact:
Investor Relations: [email protected]
Press: [email protected]

About Energy Holdings
SED Energy Holdings Plc (ticker code "ENH") is a strong industrial partner with a diversified portfolio of resilient, cash-generative assets supported by a robust revenue backlog and a conservative capital structure. Energy Holdings' primary focus is on distributing all excess liquidity to shareholders, while also pursuing disciplined, value-accretive growth. For more information, please visit www.energyholdings.cy (http://www.energyholdings.cy/).