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

LR and SHI Join Forces for Green Ammonia FPSO System Cargotec to sell MacGregor to Triton for Over $500M Olympic Takes Delivery of Second CSOV from Ulstein Global OTEC Presents OTEC Power Module for Remote Offshore Platforms China Ups Pressure on Philippines to Cede Claims in South China Sea