SEA Seaenergy

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SeaEnergy PLC

06 November 2015

06/11/2015

SEAENERGY PLC

Prestigious Innovation award for SeaEnergy PLC

SeaEnergy PLC, is pleased to announce that it has won the "Business Innovation - SME" award at the prestigious Oil & Gas UK Awards ceremony on 5(th) November.

SeaEnergy's nomination was for its R2S Visual Asset Management system which provides the oil, gas and marine industries with a tool that increases operational safety and lowers cost by reducing the need to visit the plant or vessel.

The value of R2S in increasing efficiencies, improving collaboration and reducing operational expenditure (OPEX) has already been proven. In the current oil price environment, Operators need tools which help them to operate efficiently and safely, and R2S's credentials make it a powerful addition to the toolkit.

John Aldersey-Williams, CEO commented that:

"We are delighted to have received this prestigious award for innovation. To be nominated and to win under this category is particularly important and exciting to us at SeaEnergy. We work hard to foster a climate of innovation across our organisation, and this award is a fabulous recognition of our remarkable team."

The innovative value of the R2S system is currently being trialled by another area of critical industry, the nuclear sector, with a pilot project recently undertaken in support of the decommissioning of Dounreay. The Oil & Gas UK Awards are the fourth prestigious award SeaEnergy has been shortlisted for since January 2015.

Ends.

Notes

About SeaEnergy PLC:

SeaEnergy PLC is an innovation-led offshore energy services business, based in Aberdeen, Scotland

and listed on the London Stock Exchange's AIM Market.

R2S Visual Asset Management system (delivered by SeaEnergy subsidiary Return To Scene) provides photographic capture and three dimensional modelling of oil & gas installations, linking these images to asset management databases for major international oil operators, allowing them to improve the performance of their assets whilst providing operational efficiencies.

R2S Forensic is an interactive software system that enhances planning, investigation and collaboration through the power of visual imagery. The R2S Forensic system has revolutionised the presentation of crime scenes. It creates an information rich walk through environment which seamlessly links all relevant technical data.

Return To Scene was acquired by SeaEnergy in August 2012.

For further information contact:

SeaEnergy PLC

   John Aldersey-Williams, CEO                                         +44 1224 748480 
   Claire Fleming, Corporate Communications                      +44 7880 358 920 

& Research Manager

Stifel Nicolaus Europe Limited (NOMAD)

   James Grace                                                                 + 44 20 7710 7600 

Jessica Kalyanpur

This information is provided by RNS

The company news service from the London Stock Exchange

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