Ålesund,Norway ,January 10 2024 ForDecember 2023 ,Golden Energy Offshore Services AS (GEOS) achieved time charter equivalent earnings of approximatelyUSD 18 400 per day for the 6 vessels in operation. Fleet utilization was 88.7% . GEOS had six PSVs in the market duringDecember 2023 . All vessels from theVroon acquisition have now been delivered and are sailing under GEOS ownership. Energy Partner was ready for the market after delivery to GEOS onDecember 12th 2023 and went directly on charter which lasted throughout December and intoJanuary 2024 . Energy Pace was delivered to GEOS just before Christmas and relocated toNorth Sea with arrival in AberdeenJanuary 2024 . Despite the usual slow period in theNorth Sea spot market, we have rarely seen so much requirement and tender activity as experienced over the last months. There is significant demand from several regions for medium to long term employment, and day rates for term business continues to climb. For further information, please contact: Per Ivar Fagervoll CEO Email pif@geoff.no Phone +47 97428884
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