SEAMEC shares are likely to remain in focus after the company informed exchanges that its vessel “SEAMEC PRINCESS” has successfully completed the second season of the Pipeline Replacement Project VIII (PRP-VIII Gr. B) and Daman Upside Development Project (DUDP).
According to the company’s exchange filing dated May 26, 2026, the offshore vessel completed the project at 06:48 hrs on May 26. The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company stated that the information regarding completion of deployment was received at 08:52 hours on the same day.
The project completion marks an operational milestone for SEAMEC’s offshore support and marine engineering business, particularly in the oil and gas infrastructure segment. The vessel had been deployed for offshore pipeline replacement and development-related work linked to the Daman Upside Development Project.
Investors may track further updates regarding fresh deployment opportunities, new offshore contracts and revenue visibility from SEAMEC’s fleet utilisation going forward.
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