Songa Mercur secures contract with Gazflot LLC
(Thomson Reuters ONE) -
Songa Offshore ("Songa" or the "Company") is pleased to announce that a firm
contract for the use of Songa Mercur has been agreed and signed with Gazflot
LLC, a Gazprom subsidiary. The contract covers the use of the Songa Mercur for
Gazflot's upcoming drilling campaign offshore Sakhalin Island during the 2011
summer season. The rig is currently scheduled to depart from Singapore during
May 2011 after completion of BOP rebuild work followed by a testing and
verification period.
The firm part of the contract is set to 180 days including mobilization from and
de-mobilization back to Singapore. Aggregated total revenue of approximately USD
46 million is expected to be generated from the firm part of the contract.
The Company has in parallel to the above entered into an agreement with the
previous operator to get released from the contractual obligation of returning
with the rig to its last well for finalization of the committed program.
Limassol, 17 April 2011
Questions should be directed to:
Geir Karlsen, CFO +47 23 01 14 24 / +47 91 60 83 32
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters 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 Thomson Reuters ONE
[HUG#1507164]
Unternehmensinformation / Kurzprofil:
Datum: 17.04.2011 - 23:09 Uhr
Sprache: Deutsch
News-ID 53629
Anzahl Zeichen: 1887
contact information:
Town:
Oslo
Kategorie:
Business News
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"Songa Mercur secures contract with Gazflot LLC"
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