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Golden Energy Offshore Bags Term Deal for Warm-stacked PSV

Maritime Activity Reports, Inc.

March 14, 2022

Credit:  Golden Energy Offshore Services

Credit: Golden Energy Offshore Services

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. 

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.

With the advent of fuel transition, digitalization, AI and autonomy, innovation in vessel design and operation proceeds at unprecedented speed.
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Quotable Stephen Carmel

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