SEAMEC Ltd has secured a charter contract worth USD 5.21 million from Lamprell Energy Limited for the deployment of its barge SEAMEC GLORIOUS. The agreement entails providing offshore accommodation and hook-up support for a project by Oil and Natural Gas Corporation Limited (ONGC) in the Mumbai High, West Coast Offshore, and Daman Oilfield regions. This contract strengthens the company's order book in the offshore support sector.

The company entered into a Bimco Charter Party with Lamprell Energy Limited to execute the work. The charter has a firm period of 180 days, with an option for extension. Operations are scheduled to commence within a window period starting October 15, 2026, and ending October 31, 2026.

The disclosure was made to the stock exchanges on July 15, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirmed that the transaction is not a related party transaction and that there are no special rights or shareholding relationships between the parties involved.

SEAMEC Limited announced that its vessel SEAMEC PALADIN has resumed operations, effective July 15, 2026. The vessel is now on hire to resume its long-term charter with ONGC after completing the necessary regulatory formalities. This deployment marks the reactivation of the vessel's services for the energy major.

The company confirmed that the vessel was officially placed on hire at 06:10 hrs on July 15, 2026. This move follows a previous communication dated July 02, 2026, regarding the vessel's arrival status. The resumption of the charter is expected to contribute to the company's operational revenue stream.

Deployment Details

The following table outlines the key details regarding the vessel's deployment status:

The information regarding the vessel's on-hire status was received by the company on July 15, 2026, at 08:11 hours. S.N. Mohanty, President - Corporate Affairs, Legal and Company Secretary, signed the official disclosure to the exchanges.