New Contracts and Contracts extension

27 Feb 2025 07:35 CET

Ålesund 27.02.2025

Golden Energy Offshore Services ASA (GEOS) is pleased to inform that it has
entered and extended contracts with Tier 1 international majors.

- Concluded Contract on the Energy Duchess – vessel firm until 1. September
2025 with 1 x 6 months option
- Concluded extension on the Energy Passion – vessel firm until 1. March 2026
with 1 x 12 months option
- Concluded term on the Energy Paradise /- or Pace – vessel firm until 16. April
2026 with 1 x 12 months
option

Contracts has commenced.

Gross contract value for the firm periods is MUSD21.0m with an additional
MUSD27.7m for the option period.

GEOS per today backlog of approximately USD 27.0m firm and additional MUSD46.9m
for the option period.


“We are very pleased to secure these contracts 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.“

For further information:

Per Ivar Fagervoll
CEO +47 97 42 88 84
pif@geoff.no

More information:
Access the news on Oslo Bors NewsWeb site