Ålesund 29.01.2024
Golden Energy Offshore Services AS (GEOS) is pleased to inform that it has entered into contracts with an Tier 1 international oil major for 1 year firm + 1 year option for Energy Passion and 6 months firm + 6 months option for Energy Paradise. The contracts are for operations in the North Sea and are expected to commence between March/April 2024. Gross contract value for the firm period is MUSD14.0m with an additional MUSD15.8m for the option period
“We are very pleased to secure these contracts for Energy Passion and Energy Paradise, which provides a solid backlog for GEOS. The awarded contracts underscore the company’s strong standing as a supplier of quality tonnage to Tier 1 clients. These contracts confirm the robustness of the current charter market, with fixed earnings yielding attractive payback periods of the newly acquired vessels”
For further information:
Per Ivar Fagervoll
CEO +47 97 42 88 84
pif@geoff.no