Blue Ocean Partners completed the acquisition of a 39% stake in Golden Energy Offshore Services from Oaktree Capital Management for $39.5m.

Blue Ocean Partners, a maritime investment firm, completed the acquisition of a 39% stake in Golden Energy Offshore Services, a Norway-based fully integrated offshore ships owner and operator, from Oaktree Capital Management, a private equity firm, for $39.5m. “In a short time, GEOS has become a modern offshore company, with a young and environmentally friendly fleet. Together with Blue Ocean and our other shareholders, we will build on the foundation that has been laid with our partners at Oaktree to drive further value creation," Per-Ivar Fagervoll, Golden Energy Offshore Services CEO.