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SeaEnergy PLC (SEA)

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Wednesday 14 January, 2015

SeaEnergy PLC

CANADA CONTRACT WIN FOR RETURN TO SCENE

RNS Number : 1191C
SeaEnergy PLC
14 January 2015
 

 

14 January 2015

 

 

SeaEnergy PLC

 

("SeaEnergy", the "Company")

 

 

CANADA CONTRACT WIN FOR RETURN TO SCENE

 

Return To Scene Limited, a wholly owned subsidiary of SeaEnergy PLC together with its Canadian distributor NSB Energy Inc., is delighted to announce the award of its first contract for the R2S photographic capture in Canada. The contract value is estimated at US$ 800,000.

 

Return To Scene's innovative R2S visual asset management system provides high definition 360° spherical photography - photographically capturing offshore oil and gas assets and providing the user with a desk top visual, interactive walk around.  The R2S photographic team is already on site in Canada.

 

To date the R2S system has been used by 16 operators in the UK Continental Shelf, US Gulf of Mexico (GOM) and Mexico including BP, Chevron, Total, ConocoPhillips and PEMEX, on a diverse range of projects.  Operators have identified improved resource efficiencies and R2S has also been credited with enhancing collaboration between multiple disciplines providing better planning, confidence and preparedness - benefits leading to tangible cost reductions and increased production.

                                                                       

Bob Donnelly, Director of Business Development for SeaEnergy PLC commented that:

"We are delighted to secure our first project in Canada as we continue to grow our presence in North America, supported by our team in Houston, and as part of the Group's wider internationalisation process."

 

He continued: "We have a strong order book for 2015 and our look ahead for the first half of 2015 is particularly robust with a significant contribution from North America."

 

Michael Critch, President and CEO of NSB Energy Inc., Canadian based distributor for R2S in Canada since 2012, commented that:

"As an agent for oil and gas personnel and services, NSB Energy is excited to attract and leverage some of the best internationally recognised technologies for use offshore in Canada. This contract award demonstrates the importance of using the best technology the world has to offer to manage offshore facilities and optimise the recovery of Canada's offshore oil and gas resources. We are proud to facilitate and manage this great service provided by Return To Scene."

 

Ends.

For further information contact:

 

SeaEnergy PLC


 +44 1224 748480

Mike Comerford, Operations Director



Steven Bertram, Finance & Commercial Director






Oriel Securities - NOMAD & Broker


+44 2077 107600

James Grace






Bell Pottinger - Public Relations


+44 20 3772 2500

Rollo Crichton-Stuart



Lucinda Alderson



 

Notes

About SeaEnergy PLC:

SeaEnergy PLC is an innovation-led offshore energy services business, based in Aberdeen, Scotland

and listed on the London Stock Exchange's AIM Market. The Group's three active divisions comprise

R2S Visual Asset Management, Consulting and Marine.

 

R2S Visual Asset Management system (delivered by SeaEnergy subsidiary Return To Scene) provides photographic capture and three dimensional modelling of oil & gas installations, linking these images to asset management databases for major international oil operators, allowing them to improve the performance of their assets whilst providing operational efficiencies. Return To Scene was acquired by SeaEnergy in August 2012.

 

The Consulting division delivers strategic support for companies in offshore energy, helping them to improve asset integrity, reduce costs and improve output.

 

The Marine division offers ship management services for offshore vessels in both oil & gas and offshore wind roles and is actively participating in tenders for the provision of purpose built offshore wind farm support vessels.

 

About Return To Scene:

R2S Visual Asset Management provides high definition 360 spherical photography - photographically capturing the asset and providing the user with a desk top visual representation. Simply navigated, this allows our clients and their contractors one-click access from the image to external databases and information services with tagging and external linking capabilities. We deliver front-end benefit to our clients, providing the capability to plan maintenance work prior to arriving on site and the ability to accurately record maintenance works. R2S removes the need to travel to plan works and enables more effective utilization of on-site time. Current users track fabric anomalies, link their entire business management documents or simply use it as a briefing tool.

 

About NSB Energy Inc.:

Founded in St. John's, Newfoundland and Labrador, Canada, NSB is expanding globally and offers its clients personnel and services to facilitate the management of successful projects. We have assembled a strong team of individuals who have gained valuable experience in the development of Oil Sands projects in Canada. Their experience is vast and their talents are in-demand around the world. NSB can be relied on to provide motivated personnel because our top priority is our people. We nurture their success, provide the best benefits package and have fun with a balanced work life balance.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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