Golden Energy Offshore Services ASA (GEOS) Announces New Term Contracts

14 Oct 2025 10:02 CEST

Ålesund 14.10.2025

Golden Energy Offshore Services ASA (GEOS) is pleased to announce that it has
entered into two new term contracts for two of the PSV's of PX121design vessels
with a prestigious international charterer.

The details of the contracts are as follows:

Contract 1:
o Vessel: PX121
o Commencement Date: January 2026
o Duration: 120 days + options

Contract 2:
o Vessel: PX121
o Commencement Date: December 2025
o Duration: 210 days + options

These contracts, made at market levels for this type of vessel, secure a
substantial portion of utilization and add revenues in excess of USD 6 mill to
the Company backlog.

For further information please contact.

Per Ivar Fagervoll
CEO
email pif@geoff.no
Phone +47 97428884

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