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Golden Energy Sells Two Offshore Support Vessels

Golden Energy Sells Two Offshore Support Vessels

Jan 27, 20261 min readMarineLink News

25 million, completing a previously announced plan to divest vessels in the near term. The company said its subsidiary Energy Empress signed a sales agreement on January 23 for the multi-purpose support vessel (MPSV) Energy Empress at a gross price of $30 million.

The transaction is expected to be completed during February 2026 and is based on the industry standard Saleform 2012 contract, subject to ordinary conditions for payment upon delivery. 4 million and generate net proceeds of about $14 million after repayment of the lease, break fees and transaction costs.

25 million. That sale is also expected to be completed in mid-February 2026 under Saleform 2012 terms.

Golden Energy Sells Two Offshore Support Vessels - image 2

5 million after associated costs. 5 million (NOK 260 million) and resulting in a solid cash position.

After the divestments, the company’s remaining fleet will consist of MPSV Energy Duchess, PSV Energy Paradise, PSV Energy Passion, PSV Energy Pace and the 2005-built PSV Energy Swan.

EazyInWay Expert Take

The sale of these two vessels marks an important step for Golden Energy Offshore in reducing its debt burden and improving its financial flexibility. This strategic move will enable the company to focus on its core operations and invest in new opportunities.

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