Earnings Release • Feb 20, 2023
Earnings Release
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GEOS - Commercial update for January 2023
GOLDEN ENERGY OFFSHORE SERVICES AS
Ålesund, Norway, February 20th 2023
In January 2023, Golden Energy Offshore Services AS (GEOS) achieved time charter
equivalent earnings of approximately USD 13,700 per day and fleet utilization of 98,7%.
The Energy Scout was sold in January 23.
Presently GEOS has three PSVs whereof Energy Swan is on Term business with Repsol N, Energy Empress is on Term Business in Caribbean and Energy Duchess trading spot with very good utilization, although rates reflect winter season and high availability in North Sea.
The market continues improving in several regions and Energy Duchess is an attractive position for several business opportunities.
For further information please contact.
Per Ivar Fagervoll
CEO
email [email protected]
Phone +47 97428884
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