Golden Offshore kjøper fire PSV (ULSTEIN PX121) og en SSV (VOS Sugar) fra Vroon Offshore Services

Transformative fleet acquisition and exercise of warrants​


Golden Energy Offshore Services AS (“GEOS” or the “Company”) is pleased to announce that it has today entered into binding Memorandum of Agreements for the acquisition of 4 x PSVs and 1 x SSV from subsidiaries of Vroon Holding B.V. (the “Seller”), for a total consideration of USD 94 million (the “Fleet Acquisition”).

Strategic rationale and highlights
The Fleet Acquisition ensures considerable accretive growth of the Company’s fleet of offshore supply vessels, greatly increasing the Company’s ability to seize market opportunities within the oil and gas and offshore wind sectors going forward.

- The 4 x PSVs are of the same PX 121 design as GEOS’ existing fully-owned vessels Energy Duchess and Energy Empress, providing flexibility in chartering as well as OPEX savings
- The SSV VOS Sugar is a versatile multi-purpose commissioning support vessel. With SPS class for 40 persons, capacity for a walk-to-work gangway and a small crane it has been used in both the oil & gas and offshore wind markets
- All of the Company’s PX 121 vessels are large PSVs providing supply services to the oil & gas market but may also be outfitted with accommodation units and gangways to opportunistically serve the offshore wind market
- All five vessels acquired are built in 2015 and 2016, lowering GEOS’ average fleet age to 7.9 years
- The Fleet Acquisition is expected to close around end September 2023 and a deposit of USD 9.4 million (the “Deposit”) will be paid to the Seller in early August.
 
Vroon Offshore Services bygde vel seks ULSTEIN PX121 ved COCSO Shipyard i Kina mellom 2015 og 2018:

N568 "VOS Pace"
N569 "VOS Paradise"
N570 "VOS Partner"
N571 "VOS Passion"
N618 "VOS Patience"
N619 "VOS Patriot"

Noken som veit kven av desse fire GEOS har kjøpt, kanskje dei fire første?

"VOS Sugar" er forøvring ved Fujian Southeast Shipyard i Kina, levert 2016
 
Takk, er nye namn på dei bestemt?

N568 "VOS Pace"
N569 "VOS Paradise"
N570 "VOS Partner"
N571 "VOS Passion"
 

Notice of agreement for sale of VOS Sugar​

Ålesund 27.09.2023
Reference is made to the announcement of 4 August 2023 in which Golden Energy Offshore Services AS (“GEOS” or the “Company”) announced the acquisition of 5 vessels from subsidiaries of Vroon Holding B.V. (the “Fleet Acquisition). GEOS has today entered into a memorandum of agreement (the “MoA”) with an undisclosed buyer for the sale of the SSV VOS Sugar, one of the vessels in the Fleet Acquisition which GEOS is in the process of completing.

The MoA is subject to satisfactory vessel inspection by the buyer. Provided that the subject is lifted, the sale is expected to be completed in November 2023. The agreed sales price in the MoA is EUR 15 million and when completed would represent a substantial cash profit to the Company relative to the acquisition cost of USD 9.4 million in the Fleet Acquisition.
 
Siden "VOS Paradise" skifta namn til "Energy Paradise", betyr det da at alle fire skifter namn med å bytte prefiks fra VOS til Energy?

N568 "VOS Pace" - "Energy Pace"
N569 "VOS Paradise" - "Energy Paradise"
N570 "VOS Partner" - "Energy Partner"
N571 "VOS Passion" - "Energy Passion"
 
Børsmeldinga:

Notice of agreement for sale of VOS Sugar​

Reference is made to the announcement of 4 August 2023 in which Golden Energy Offshore Services AS (“GEOS” or the “Company”) announced the acquisition of 5 vessels from subsidiaries of Vroon Holding B.V. (the “Fleet Acquisition). GEOS has today entered into a memorandum of agreement (the “MoA”) with an undisclosed buyer for the sale of the SSV VOS Sugar, one of the vessels in the Fleet Acquisition which GEOS is in the process of completing. The MoA is subject to satisfactory vessel inspection by the buyer. Provided that the subject is lifted, the sale is expected to be completed in November 2023. The agreed sales price in the MoA is EUR 15 million and when completed would represent a substantial cash profit to the Company relative to the acquisition cost of USD 9.4 million in the Fleet Acquisition.
 
I går var det full aktivitet på mannskapet ved kai i Montrose med overmaling av den store V på skutesida på "Energy Paradise"
EnergyParadise01.JPG

Foto: David Dodds
 
Børsmeldinga:

Notice of agreement for sale of VOS Sugar​

Reference is made to the announcement of 4 August 2023 in which Golden Energy Offshore Services AS (“GEOS” or the “Company”) announced the acquisition of 5 vessels from subsidiaries of Vroon Holding B.V. (the “Fleet Acquisition). GEOS has today entered into a memorandum of agreement (the “MoA”) with an undisclosed buyer for the sale of the SSV VOS Sugar, one of the vessels in the Fleet Acquisition which GEOS is in the process of completing. The MoA is subject to satisfactory vessel inspection by the buyer. Provided that the subject is lifted, the sale is expected to be completed in November 2023. The agreed sales price in the MoA is EUR 15 million and when completed would represent a substantial cash profit to the Company relative to the acquisition cost of USD 9.4 million in the Fleet Acquisition.
I følge månedsrapport fra Hagland Shipbrokers er «Vos Sugar» solgt til Boskalis.
 
Fra Facebook sidene til Golden Energy Offshore idag:

We are very excited to share that 13:00 today we took delivery of the latest addition to the fleet, ENERGY PARTNER, and raised the Norwegian - and company flag
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⚓️


A warm welcome her and the crew to our fleet. We look forward to having her active in the market.

Congratulations to everyone involved
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Utdrag fra artikkelen, datoer for overtaking av dei fem skipa:
  • Energy Pace - 14. desember
  • Energy Partner - 6. desember
  • Energy Sugar - 29. november
  • Energy Passion - 18. oktober
  • Energy Paradise - 29. september
 
"Energy Passion" på nordgående i Karmsundet lørdag formiddag på tur til Bømlo Skipsservice.
Energy Passion.jpg
 
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