Songa Offshore SE : Short suspension of Songa Trym

Songa Offshore SE : Short suspension of Songa Trym

ID: 350228

(Thomson Reuters ONE) -


Statoil will suspend Songa Trym contract after the current well at the Oseberg
field in the North Sea. The rig is currently performing plug and abandonment
activity and is ahead of planned schedule for this scope of work. From mid
November 2014, the rig will go on 75% suspension rate (USD 279.000 per day)
expected until the end of the year 2014.

Songa Offshore plan to take the opportunity of this suspension period to
accelerate some specific planned maintenance work that is more cost efficiently
achieved outside operations.

The overall financial impact is expected to be limited, due to anticipated lower
operating expenses in the suspension period.



Limassol, Cyprus
6 November 2014


For further information, please contact:
Bjørnar Iversen, CEO (+357 996 49 152)


This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Songa Offshore SE via GlobeNewswire
[HUG#1869197]






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Bereitgestellt von Benutzer: hugin
Datum: 06.11.2014 - 08:31 Uhr
Sprache: Deutsch
News-ID 350228
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contact information:
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