Golden Energy Offshore Services ASA (GEOS) is making significant strides in its financial strategy by completing a transformative refinancing of six out of its seven vessels. The recent agreement with Neptune Maritime Leasing, involving a USD 95 million sale and leaseback deal, positions GEOS to slash its monthly capital costs by close to 50%. This strategic move not only enhances the company's financial sustainability but also lays the groundwork for future growth and fleet expansion amid a buoyant market. CEO Per Ivar Fagervoll emphasizes the flexibility and capital-building potential this refinancing brings to the table