Norway's Golden Energy Offshore Services (GEOS) has won a first contract for its new resale acquisition.
The company said the 4,000-dwt multipurpose platform supply vessel (MPSV) Energy Empress was delivered in May from Nantong Rainbow Offshore & Engineering (ROC) in China.
It arrived in its home port of Alesund just prior to its naming ceremony on Saturday.
It secured its first job and changed its flag from Norway's NIS register to its NOR flag.
The work is on the Norwegian continental shelf for up to 60 days.
Company chief executive Per Ivar Fagervoll told TradeWinds that the deal was "great news for us" and added that the charterer is AkerBP.
He said the ship had now successfully completed its first cargo run offshore.
Deal renegotiated
In April, GEOS said it was in talks with ROC to renegotiate the terms of a deal that saw it acquire two MPSVs from the yard.
The right to acquire the Energy Empress and sistership Energy Duchess — both PX121H designs — was agreed last June.
But GEOS later advised ROC that the capital market did not have sufficient appetite for a large capital increase at this stage and the company therefore did not have adequate funds available to pay the purchase price due at delivery.
It had made down payments of $1.1m for each unit.
GEOS said the revised terms were "expected to enable the company to take delivery of the vessels at attractive financing terms".
GEOS was expecting to obtain 80% finance under a hybrid hire-purchase charter agreement with ROC. The purchase price for each vessel is $18.5m.
