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SeaBird Exploration changes name following merger | Offshore news

SeaBird Exploration changes name following merger

SeaBird Exploration Plc changes its name to SED Energy Holdings Plc (Energy Holdings) and the ticker code effective from June 20, 2025, following the merger between SeaBird Exploration Plc and Energy Drilling Ltd, according to a press release by Cyprus-based industrial investment platform Energy Holdings on June 19.

To remind, Energy Holdings’ current portfolio includes wholly owned subsidiaries Energy Drilling, an owner and operator of tender assisted drilling rigs, and SeaBird Exploration, a global provider of marine seismic acquisition data to the oil and gas industry.

The new company name has been registered with the Department of Registrar of Companies and Intellectual Property in Cyprus.

The name change and new ticker code will be effective on Euronext Oslo Børs from and including June 20, 2025.

“The name Energy Holdings marks our transition to a diversified energy investment company,” said CEO, Kurt M. Waldeland.

“As part of this evolution, we are pleased that Finn Atle Hamre will continue as CEO of the SeaBird business unit. Finn Atle has played a key role in SeaBird’s transformation in recent years, and his continued leadership will ensure continuity as SeaBird operates under the new group structure,” added Waldeland.

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