Sea1 Offshore
Marine Shipping & Transportation · Norway · 1K - 5K Employees
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Overview
Headquarters
Nodeviga 14, Kristiansand S, Vest-Agder,...Phone Number
(979) 846-1890Website
www.sea1offshore.comRevenue
$315.2 MillionStock Symbol
SIOFFIndustry
ZI Rank: 1
Signal Type
Mar
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ZI Rank
2
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About Sea1 Offshore
Sea1 Offshore is a global provider of offshore support vessels, operating a fleet of 23 vessels designed for the oil and gas, renewables, and research sectors. The company employs a dedicated workforce of 900 individuals and emphasizes environmental and social responsibility in its operations. Their fleet includes various types of vessels such as Anchor Handling Tug Supply Vessels, Platform Supply Vessels, and Well Intervention Vessels, tailored for challenging environments. With a focus on safety and technical advancement, Sea1 Offshore serves clients worldwide.Explore more
Sea1 Offshore Org Chart
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Company Profile Activity
Activity Insights
Sea1 Offshore is experiencing very low activity levels compared to other companies in the Transportation sector.
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Sea1 Offshore is drawing exceptional interest within the Transportation industry, suggesting notable developments or strong market momentum, learn more about Sea1 Offshore.
Sea1 Offshore Tech Stack
A closer look at the technologies used by Sea1 Offshore
Most Recent Scoops
Earnings
reported that operating expenses increased by $6 million in Q2, primarily due to Ben Viking being placed on a bareboat contract, while administrative expenses rose to $7.3 million from $6.4 million in the prior year quarter, driven by the weakening of the US dollar against the Norwegian, Brazilian, and Australian currencies.
Accounting, Financial Reporting, Business Finance, Finance
Earnings
reported H1 2026 cash flow beginning with $86 million, with $60 million received from operations, capital expenditures of $40 million, a dividend payment of $63 million, and a closing cash balance of $39 million at the end of H1 2026.
Earnings, Spending/Investment, Finance, Financial Operations
Earnings
reported that the subsea segment operating margin declined due to the sale of Sea1 Spearfish; however, excluding this effect, the remaining subsea fleet delivered operating margin improvements of 8% in Q2 and 6% year to date.
Earnings, Finance
Earnings
reported a total backlog of approximately $1,129 million, of which $504 million represents options, with the subsea fleet accounting for 83% of the total backlog and firm backlog for the remainder of 2026 standing at approximately $105 million.
Earnings, Finance
Earnings
Earnings, Finance
Sea1 Offshore News & Media
Sea1 Offshore Inc. (SIOMF) Q1 2026 Earnings Call Transcript
Sea1 Offshore Inc. (SIOMF) Q1 2026 Earnings Call April 30, 2026 3:00 AM EDTCompany ParticipantsBernt Omdal - Chief Executive OfficerVidar Jerstad - Chief...Sea1 Offshore Inc. (SIOMF) Q4 2025 Earnings Call Transcript
Sea1 Offshore Inc. (SIOMF) Q4 2025 Earnings Call February 12, 2026 2:00 AM ESTCompany ParticipantsBernt Omdal - Chief Executive OfficerVidar Jerstad - Chief...Steerprop Care online monitoring to enhance the reliability of three platform supply vessels
Steerprop has signed a 5-year contract with Siem Offshore regarding the propulsion monitoring service Steerprop Care Premium for three of the Norway-based offshore vessel company’s platform supply ships. Steerprop Care is designed to enhance the [...]
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Frequently Asked Questions Regarding Sea1 Offshore
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Sea1 Offshore is a global provider of offshore support vessels, operating a fleet of 23 vessels designed for the oil and gas, renewables, and research sectors. The company employs a dedicated workforce of 900 individuals and emphasizes environmental and social responsibility in its operations. Their fleet includes various types of vessels such as A... Read More
