Golden Energy Offshore Services has pushed through another platform supply vessel sale, continuing a clear effort to strengthen its balance sheet. The Norwegian owner said its subsidiary has struck a deal to sell the PSV Energy Partner for $27.25m, with completion expected in mid-February. The transaction is set to deliver a booked gain of about $6.5m and net proceeds of roughly $12.5m after lease repayment, break fees and transaction costs. The sale follows closely on the heels of last week’s agreement to sell the PSV Energy Empress for $30m to an undisclosed buyer. That deal is also due to complete in February and is expected to generate net proceeds of around NOK 140m ($14m), alongside a booked gain of approximately $14.4m. Once both transactions close, Golden Energy will have sold two vessels for a combined gross price of about NOK 560m, with net cash inflows exceeding NOK 260m. The company said the proceeds will leave it with a solid cash position. Following the disposals, the fleet will comprise the MPSV Energy Duchess, PSVs Energy Paradise, Energy Passion and Energy Pace, along with the 2005-built PSV Energy Swan. Several of the remaining units are sister vessels to ships that have now been sold. The PSV exits come after a turbulent period for the Oslo-listed owner. In its third-quarter 2025 results, Golden Energy said the board and management were reviewing options to improve liquidity. As part of that process, the company secured a short-term $5m loan in December 2025 to cover immediate needs. That same month, Golden Energy also raised $31.7m through a private placement. The funds were largely used to clear overdue payables, settle salaries and taxes, repay multiple short-term loans and cover transaction costs, with a smaller portion retained for general corporate purposes. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsNorway