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Golden Energy Offshore Services

Business and Financial Review Apr 30, 2020

3608_rns_2020-04-30_728968bf-08b9-4379-ad9e-a00635abda61.html

Business and Financial Review

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Golden Energy Offshore Services AS – fleet utilisation update

Golden Energy Offshore Services AS – fleet utilisation update

Golden Energy Offshore Services AS (GEOS-ME) has, as most owners of vessels servicing in the oil and gas industry, experienced severe reduction in vessel demand. GEOS-ME has therefore elected to place the vessels Energy Duchess, Energy Empress and Energy Scout in temporary lay-up, whilst continue chasing possible future contracts. The last couple of months has change the prospects for the coming high season dramatically and GEOS-ME need to take these kind of necessary measurement to manage the extraordinary situation in the current market conditions.

For further information:

Per Ivar Fagervoll

CEO

Golden Energy Offshore

+47 97 42 88 84

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