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Regulatory press release

GEOS: GEOS FIRST QUARTER 2025 REPORT

Golden Energy Offshore Services
Ålesund, 27 May 2025 

Golden Energy Offshore Services ASA ("GEOS" or the "Company") has announced its
results for
the first quarter, which ended on 31 March 2025. The first quarter of 2025 was
marked by
increased revenues for the Company due to both the expansion of its fleet and
solid chartering
strategy with high vs marked day rates and utilization. GEOS has a strong
backlog of charter
commitments, maintaining values for offshore charter rates, and moderate
leverage on the Company's
balance sheet.

Key Highlights for the First Quarter 2025
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