Golden Energy Offshore nets vessel deal hat-trick

Norway’s Golden Energy Offshore Services (GEOS) has won a batch of deals for three of its vessels with unnamed international majors.

GEOS said in an Oslo Bors filing that it secured a firm deal for the 2019-built multipurpose support vessel (MPSV) Energy Dutchess until September 1, 2025, with one six-month extension option.

The company also won a term deal for either the 2015-built Energy Paradise or Energy Pace PSVs, depending on availability, until April 16, 2026. The deal also includes a one-year extension option.

The final deal is an extension for the 2016-built Energy Passion platform supplier. It will be busy until March 1, 2026. The contract has an extension option pencilled in and could keep the vessel on hire for one more year.

The gross contract value for the firm periods is $21m with an additional $27.7m for the option periods. All contracts have already started.

The company’s current backlog stands at $27m firm and an additional $46.9m option periods.

At the start of the month, GEOS secured a long-term charter deal for its 2021-built Energy Savannah MPSV taken under management last year. The company fixed the vessel to Swiss-based subsea services player Deepwave for two years.