Blue Ocean GEOS MI LLC entered into a binding share purchase agreement to acquire 39.03% stake in Golden Energy Offshore Services AS (OB:GEOS) from Oaktree Capital Management, L.P. for $39.5 million.

Blue Ocean GEOS MI LLC entered into a binding share purchase agreement to acquire 39.03% stake in Golden Energy Offshore Services AS (OB:GEOS) from Oaktree Capital Management, L.P. for $39.5 million on April 23, 2024. Upon completion of the Transaction, Blue Ocean will become the largest shareholder of GEOS. The Transaction is expected to be completed by May 16, 2024.