SeaBird Exploration

SeaBird Exploration

Global provider of marine 2d and 3d seismic data for the oil and gas industry. Learn more

Financials

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Revenues, earnings & profits over time
EUR2016201720182019202020212022
Revenues4.3m7.3m7.7m15.8m21.1m10.3m5.8m
% growth(2 %)71 %5 %106 %33 %(51 %)(44 %)
Profit(<1m)(1.7m)<1m(4.0m)(1.9m)(5.1m)(6.5m)
% profit margin(16 %)(24 %)10 %(25 %)(9 %)(49 %)(113 %)

Source: Dealroom estimates

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DateInvestorsAmountRound
N/A

N/A

Late VC
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Total Funding-

Recent News about SeaBird Exploration

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SeaBird Exploration Plc is a global leader in marine seismic data acquisition, specializing in 2D, 3D, and 4D seismic data and source vessel services for the oil and gas industry. The company operates in the high-end 2D seismic services segment and is also a prominent provider of niche 3D seismic and source vessel solutions. SeaBird's clients primarily include oil and gas companies seeking high-quality seismic data to aid in exploration and production activities. The company is listed on the Euronext stock exchange in Oslo under the ticker SBX.

SeaBird's business model revolves around providing specialized seismic data acquisition services, which are critical for identifying and evaluating potential oil and gas reserves beneath the ocean floor. The company generates revenue through long-term contracts and project-based engagements with major oil and gas firms. SeaBird's commitment to Quality, Health, Safety, and Environment (QHSE) standards ensures high operational efficiency and compliance with industry regulations.

With a strong focus on sustainability, SeaBird aligns its operations with the United Nations Sustainable Development Goals, emphasizing environmental stewardship and social responsibility. The company's leadership team, including Chairman Rodahl, brings extensive experience from the financial and investment banking sectors, further strengthening its strategic direction and market positioning.

Keywords: marine seismic data, 2D seismic, 3D seismic, 4D seismic, source vessel services, oil and gas exploration, QHSE standards, Euronext Oslo, sustainability, seismic acquisition.

Tech stack

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