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Golden Energy secures new platform supplier contract from Shell Nigeria

Golden Energy secures new platform supplier contract from Shell Nigeria

Golden Energy Offshore (GEO) said on Monday that the Energy Scout PSV had entered into a spot contract with Shell Nigeria Exploration and Production Company (SNEPCO) on January 19, 2019.

According to the company, the Energy Scout vessel remained on the contract with SNEPCO until recently.

GEO now entered into a new medium-term contract with Shell Petroleum Development Company (SPDC) in direct continuation and the vessel will stay under contract until the end of July plus options to extend.

The company added that the vessel already started the new contract. GEO indicated that the terms reflect the market in the region which is reasonably tight on availability of this type of high-spec PSV tonnage.

Source: Golden Energy Offshore

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