Offshore - Oil & Gas

GEOS Secures £4.9 Million UKCS Contract for Energy Pace

Golden Energy Offshore Services has secured a £4.9 million UKCS contract for Energy Pace, with options that could increase the total value to around £10 million.

Energy Pace (Photo source: Golden Energy Offshore)

30, July 2026
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Golden Energy Offshore Services has secured a term contract valued at approximately £4.9 million, or more than €5.6 million, for the platform supply vessel Energy Pace on the UK Continental Shelf.

The contract was awarded by an international charterer and covers a firm period of approximately 319 days for nine wells.

It also includes eight one-well options representing about 260 additional days. The total potential value of the contract, including the optional periods, is around £10 million.

Energy Pace was built by Cosco Guangzhou Shipyard in 2015. The Ulstein PX121-design vessel is 83.4 m long.

Between November 2025 and the end of June 2026, the vessel was chartered by several companies, including Shell UK, Total UK, Pentagon Marine UK and Peterson Den Helder.

Energy Pace is currently chartered by Three60 AF Decom until mid-June 2027.

Tags: Energy Pace, Golden Energy Offshore Services, offshore vessels, platform supply vessel, PSV contract, Three60 AF Decom, UK Continental Shelf

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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