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.

Blue Ocean GEOS MI LLC completed the acquisition of a 39.03% stake in Golden Energy Offshore Services AS (OB:GEOS) from Oaktree Capital Management, L.P. on May 16, 2024.