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Golden Energy Offshore picks up another PSV contract

Norway’s Golden Energy Offshore Services (GEOS) has secured work for another one of its platform supply vessels.

A short-term contract has been won for the vessel Energy Pace, hot on the heels of Energy Partner and Energy Swan fixtures.

GEOS said that all three contracts are with first-class international charterers and consolidated for 380 firm vessel days at an average dayrate exceeding 28,000 or about $10.8m in total.

The value can potentially go to $21.7m if the charterers call options to utilise the vessels for up to an additional 380 days, at average rates exceeding $28,600, the company noted.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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