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Golden Energy Offshore Agrees $57.25 Million PSV, MPSV Sales

Golden Energy Offshore has signed binding agreements to sell PSV Energy Partner and MPSV Energy Empress for $57.25 million in total, with both deliveries expected in February 2026.
Photo credit: Golden Energy Offshore

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Golden Energy Offshore Services ASA has entered into binding agreements to sell two offshore support vessels for a combined gross price of $57.25 million (about NOK 560 million), with both transactions expected to close in February 2026.

Earlier this month, the company said its subsidiary Energy Empress AS signed a sale agreement for the 2019-built MPSV Energy Empress. The gross sales price is set at $30 million (around NOK 300 million), and delivery is expected during February 2026. The contract follows the Saleform 2012 template and includes customary delivery-and-payment conditions.

The latest disclosure covers the 2016-built PSV Energy Partner, owned by subsidiary Energy Partner AS. Built at Cosco Guangzhou Shipyard, the vessel is being sold under a binding Saleform 2012 agreement, with payment to be made on delivery subject to standard closing conditions. Golden Energy Offshore Services ASA stated that the gross sale price is $27.25 million (around NOK 265 million), with completion expected in mid-February 2026.

On completion of the Energy Partner sale, the company expects to book a gain of about $6.5 million. It also estimates net proceeds of roughly $12.5 million after lease repayment, break fees, and transaction costs.

After closing, Golden Energy Offshore Services ASA said its fleet will consist of the MPSV Energy Duchess (a sister vessel to Energy Empress), PSVs Energy Paradise, Energy Passion, and Energy Pace (sister vessels to Energy Partner), plus the 2005-built PSV Energy Swan.

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.
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