Songa Offshore SE : Report for the third quarter 2015

Songa Offshore SE : Report for the third quarter 2015

ID: 432519

(Thomson Reuters ONE) -



Songa Offshore SE reports total revenue for the third quarter 2015 of USD 124
million and EBITDA of USD 64 million.

"The Cat D project has advanced to another phase with Songa Equinox arriving in
Norway in October and progress of mobilization and construction of the other
newbuilds on track. We target to get Songa Equinox on dayrate late November at
the same time as Songa Endurance will arrive in Norway and we take delivery of
Songa Encourage. Clients acceptance testing and the Acknowledgement of
Compliance (AoC) process are both progressing well. We are also satisfied to see
that our existing fleet continues to deliver high uptime, as well as safe and
cost efficient operations", says Songa Offshore CEO, Bjørnar Iversen.


Please find attached the Report and the Presentation for the third quarter 2015.


6 November 2015
Limassol, Cyprus

Board of Directors
Songa Offshore SE


Questions should be directed to:
Bjørnar Iversen, CEO (+357 99649152)
Jan Rune Steinsland, CFO (+47 97052533)


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


Songa Offshore SE Q3 2015 Presentation:
http://hugin.info/136777/R/1964904/717302.pdf

Songa Offshore SE Q3 2015 Report:
http://hugin.info/136777/R/1964904/717300.pdf



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#1964904]






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Bereitgestellt von Benutzer: hugin
Datum: 06.11.2015 - 08:35 Uhr
Sprache: Deutsch
News-ID 432519
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