The total contract duration, including mobilization and demobilization, is approximately six months, with mobilization expected to commence in December 2026.
Finn Atle Hamre, CEO of SeaBird Exploration, commented: “We are pleased to secure another OBN source project for Fulmar Explorer, extending the vessel’s activity well into 2027. The award supports our view of an improving OBN market, with increased tendering activity and better visibility for 2027. With limited availability of relevant high-end tonnage, we believe SeaBird is well positioned to capture further opportunities as market activity continues to improve.”