Golden Energy Offshore Services AS (GEOS) announced on Wednesday (Jun10) that a contract extension has been secured with Wintershall Dea Norge AS.

The contract is in direct continuation of the charter contract from 2013. 

Golden Energy Offshore Services Announces Contract Extension For Energy Swan

The large PSV Energy Swan was in 2013 chartered for a firm period of 4 years + optional (total of 4 years options). 

Wintershall Dea Norge AS and GEOS agreed after expiration of the firm period several extensions, latest with firm period to 31 July 2020. 

The parties have now agreed that the vessel will remain firm on charter in direct continuation present firm period  for addition 4 months till 30 November 2020. 

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 30 November 2021).

The vessel is of ST 216 design and is a large PSV / pipe carrier designed to meet the general market with its very high capacities in all respects. The vessels propulsion is a bit special with shaft driven azipulls giving low fuel consumption at its economy speed of approximately 12 knts, and high speed of 18.5 knts when fast transits is needed. With azipulls, 3 bow thruster and DP2 the vessel has excellent station keeping capacities and with its large deck it is ideal for ROV and also more specialized offshore tasks.

The vessel has low noise and vibration in hull and superstructure and also a highly efficient stab tank in the superstructure beneath the bridge deck which ensure less roll and high comfort for its crew. The ship is designed according to the class notation “COMF-V” , NAUT-OSV and NOFO 2009.

Source: GEOS