Golden Energy Offshore Bags Term Deal for Warm-stacked PSV

March 14, 2022

Norwegian offshore vessel operator Golden Energy Offshore Services has secured a term contract for the Energy Scout platform supply vessel.

According to the company, the reactivation process has started as the vessel has been in warm lay-up for 16 months, due to the downturn in the market as a result of the Covid-19 pandemic. 

Credit: Golden Energy Offshore Services
Credit: Golden Energy Offshore Services

Ålesund-based Golden Energy Offshore Services did not say who the client was, apart from saying it was "a first-class international operator."

Under the contract, the vessel's work scope will include survey, geotechnical, geophysical & IMR duties.

"Golden Energy Offshore AS has now secured term contracts for 4 of its 4 vessels and has well in excess of 90% utilization until Q4-22, in an improving market," the company said.

According to available info, the vessel last worked for Halliburton in 2020, providing general supply duties.

Related News

China Allows European Representatives to Board Ship Linked to Cable Breach Case Windward Offshore Lines Up Key Suppliers for New CSOV Fleet Bureau Veritas, SHI Partner Up for Floating Storage and CCS Solutions DP World Starts Construction of New $1.2B Port in Senegal Floating LNG Conversion Job Slips Out of Seatrium’s Hands