Songa Offshore SE : March fleet update
(Thomson Reuters ONE) -
Songa Venus achieved an operating efficiency of 100% during the month. The rig
continues to operate for Petronas Carigali in Malaysia.
Songa Mercur achieved an operating efficiency of 100% during the month. The rig
continues to operate for Petronas Carigali in Malaysia, and is currently in
process of finalizing its second well under the 2 well program. The rig is
actively marketed for onwards work including a possible extension of the current
contract.
Songa Dee is in process of finalizing its scheduled Statoil initiated upgrade
yard stay at CCB outside Bergen. The rig is currently in process of commencing
tow back to the Gullfaks field in order to continue the 5 year contract with
Statoil.
Songa Delta achieved an operating efficiency of 100% during the month operating
for Wintershall / Det Norske Oljeselskap. As part of a Contractual Optional
agreement, Statoil exercised its right to extend the Songa Delta contract from
the original 3 years to a 4 year firm contract plus one optional year. This
increases the contract value from USD 422 million to USD 542 million for the
firm part of the contract, and remains inclusive of a rig upgrade element and an
associated yard stay prior to contract commencement.
Songa Trym achieved an operating efficiency of 98% during the month operating
for Statoil at the Troll field.
Songa Eclipse achieved conditional rig acceptance 30 March and commenced top
hole drilling at 65% of contractual day rate on its maiden location in Angola
for Total E&P. The earlier reported BOP repairs have been successfully
completed during the month and BOP reassembly and testing are progressing in
parallel of drilling top holes. Last portion of acceptance testing will resume
when BOP is fully completed and as deemed practical during the top hole program,
the rig will thereafter commence its one well plus 18 month contract with Total
E&P Angola under full contractual terms.
2 April 2012
Limassol, Cyprus
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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Source: Songa Offshore SE via Thomson Reuters ONE
[HUG#1599235]
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Datum: 02.04.2012 - 08:37 Uhr
Sprache: Deutsch
News-ID 130770
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contact information:
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Oslo
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"Songa Offshore SE : March fleet update"
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