Energy Swan – extension of contract

13 Sep 2022 11:37 CEST

Ålesund 13.09.2022

Golden Energy Offshore Services AS (GEOS) is pleased to inform that a contract
extension has been secured for Energy Swan.


Energy Swan

A contract extension has been secured with Repsol Norge AS. The contract is in
direct continuation of the current charter contract from 2021. The large PSV
Energy Swan was in 2021 chartered for a firm period of 1 year + optional (total
of 1 years options). Repsol Norge AS and GEOS agreed after expiration of the
firm period that the vessel will remain on charter in direct continuation of the
present firm period for an additional 6 months till 1st May 2023. The charter
rate reflects the market conditions. The parties have further agreed that
Charterers continue having options available to charter the vessel as per the
original charter (till 1st November 2023).

Energy Swan has 100% utilization ytd.

Fleet 3q to date has 99% utilization at attractive rates.


For further information:
Per Ivar Fagervoll
CEO
+47 97 42 88 84
pif@geoff.no

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