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Golden Energy Offshore Services

Related Party Transaction Mar 31, 2023

3608_rns_2023-03-31_d5c99ed3-aa7c-45a9-ba0b-6627a27b7fc8.html

Related Party Transaction

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Energy Swan – extension of contract

Energy Swan – extension of contract

Ålesund 31.03.2023

Golden Energy Offshore Services AS (GEOS) is pleased to inform that a contract

extension has been secured for Energy Swan.

Energy Swan

A contract extension has been secured with Repsol Norge AS. The contract is in

direct continuation of the current charter contract from 2021. The large PSV

Energy Swan was in 2021 chartered for a firm period of 1 year + optional (total

of 1 years options). Repsol Norge AS and GEOS agreed after expiration of the

firm period to extend for an additional 6 months till 1st May 2023 - reference to notice 13.09.2023.

Repsol Norge AS and GEOS have now agreed to extend contract with additional 2 months till 1st July 2023.

The charter rate reflects the market conditions. The parties have further agreed that

Charterers continue having options available to charter the vessel as per the

original charter (till 1st November 2023).

For further information:

Per Ivar Fagervoll

CEO

+47 97 42 88 84

[email protected]

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