Kurs & Likviditet
Beskrivning
Land | Norge |
---|---|
Lista | Euronext Growth Oslo |
Sektor | Tjänster |
Industri | Shipping & Offshore |
2022-08-11 16:01:04
Ålesund, 11 August 2022:
Golden Energy Offshore Services AS ("GEOS" / the "Company") is very pleased to
inform that it has entered into a new long-term time charter contract for the
vessel Energy Empress or Energy Duchess with a first-class reputable Oil & Gas
operator for an offshore drilling campaign in the Caribbean.
The contract is based on Bimco Supplytime 2017 and has a firm period of 12
months with two options for six months each.
The day rate in the firm period is on acceptable market level. Gross value of
the contract is approx. MUSD 7.9 with an EBITDA margin of 64% for the Company
the first firm year and approx. MUSD 8.2 for second year if the options are
utilized.
Commencement will be as soon as one of the two vessels come off from its present
contractual commitments, which will be at the end of September 2022 -more or
less in direct continuation of current employment.
GEOS has enjoyed a good second quarter, with high utilization and increasing
rates. So far, it has achieved 100 per cent utilization on the fleet in third
quarter, at attractive rates.
The Company is very pleased with having one vessel (Energy Empress/Energy
Duchess) chartered out on a long-term basis to a first-class charterer. The
time-charter generates stable source of income at attractive rates for the
Company, and allows more flexibility in terms of chartering strategy for the
remaining vessels in the fleet.
For further Information please contact:
Per Ivar Fagervoll
pif@geoff.no
mobile + 47 974 28 884