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SeaEnergy PLC

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Market:
AIM
Market Cap:
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GBX
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52 weeks high
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52 weeks low
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In brief

SeaEnergy PLC (formerly Ramco Energy plc), a Scottish public limited company, and its subsidiaries and associates form an energy group, headquartered in Aberdeen, Scotland. In June 2011 the Company announced the completion of the sale of its interest in SeaEnergy Renewables Limited to Repsol and EDPR for a total of £38.6 million. That transaction greatly strengthened the Group balance sheet and provides the Group with a valuable source of funding for its existing and possible new ventures going forward. The Group is currently establishing an offshore energy services business, which aims to provide access and other services to the expanding offshore wind industry as well as to other offshore energy clients, and also holds a number of investments in oil & gas.