Marine seismic specialist SeaBird Exploration has rebranded itself as SED Energy Holdings following a successful merger with Singapore’s Energy Drilling, a tender drilling rig specialist.
The company’s name and ticker code have been changed to ENH, effective on Euronext Oslo Børs starting June 20, 2025.
Final approval of the listing prospectus for the ordinary shares issued in relation to the merger is anticipated in the third quarter of 2025. Following this approval, the new ordinary shares will be listed and tradeable under the existing ISIN.
“Finn Atle Hamre will retain his position as CEO of the SeaBird business unit. His leadership has been instrumental in SeaBird’s recent transformation, and his continued presence will ensure a smooth transition as SeaBird becomes part of the new group structure,” stated Kurt M. Waldeland, CEO of SED Energy Holdings.
The merger agreement was reached in February 2025. SeaBird currently operates two seismic vessels, while Energy Drilling has six tender rig assets located in Southeast Asia.