SeaEnergy upbeat after strong first half

Offshore energy services group SeaEnergy today said it was confident of continued growth after enjoying buoyant trading during the first six months of the year.

The Aberdeen-based firm said activity its R2S subsidiary, which specialises in 360-degree photography of oil and gas assets, returned to “more normal levels” in the second quarter after a record start to the year, but the business is expected to deliver a “considerably” stronger performance in the second half.

Aim-quoted SeaEnergy also picked up more work at its consulting and ship management arms during the six months to 30 June and chairman David Sigsworth said the momentum it has built up in recent years “shows no sign of abating”.

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He added: “The first half has clearly demonstrated the strategic benefits of our strategy. The three business divisions have all seen growth at different rates, but combine to ensure a strong level of growth at a group level.”

First-half results are due to be published on 11 September.