Pelagic Partners increases stake in Golden Energy Offshore Services

n a strategic initiative in the offshore sector, Pelagic Partners strengthens its position in Golden Energy Offshore Services (GEOS). In a recent stock exchange filing, Pelagic Partners acquired an additional 6.12 million shares at NOK 1.2975 per share, totalling to nearly NOK 8 million ($770,000). This transaction elevates Pelagic Partners’ stake to 23.63%, amounting to a total of 118.5 million shares, positioning the Investment Fund as the second-largest shareholder in the company.

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Pelagic Partners Acquires a 20% Stake in Public Listed Company Golden Energy Offshore Services

We are pleased to announce our investment in Golden Energy Offshore Services (“GEOS”) through the public company’s latest round of private placement. The private placement was led by the company’s largest shareholder, Oaktree Capital Management. Pelagic Partners acquired 95 million shares to secure a 20% ownership stake and become the 2nd largest shareholder in the company. Pelagic Partners will also have a seat on the Board of Directors.

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Happy International Day for Women in Maritime!

On this day, we express our admiration to the women in Maritime whose dedication and resilience are paving the way and inspiring others. At Pelagic Partners, we value the input of women within the Maritime Industry, both off and on shore. As part of our 2023 ESG strategy, we prioritize equality and talent, irrespective of gender.

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