Songa Venus commenced operations for Petronas in Malaysia on 20 October after
completion of contractual preparedness, acceptance testing and mobilization to
the first location. During preparations to run the BOP, re-worked and newly
installed components failed and the rig was subsequently shut down on 30
October. The failed parts have been repaired and the company expect the rig to
start operating again during this week. Songa Venus achieved an operating
efficiency of 82% during the operational part of the month.
Songa Mercur completed its drilling operations for Gazflot LLC at Sakhalin,
Russia with an operating efficiency of 100% during the operational part of the
month. The rig commenced de-mobilization on 20 October and the rig is scheduled
to commence its two well program in Malaysia with Petronas Carigali in direct
continuation of the de-mobilization from Sakhalin. The duration of the Petronas
Carigali program is estimated to be 90 days with an anticipated startup towards
the end of November.
Songa Dee continued its program for Statoil at the Gulfaks field, and the rig
achieved an operating efficiency of 95% during the month.
Songa Delta completed operations on the Alve field and departed 25 October for
its planned Special Periodic Survey period at CCB base outside Bergen, Norway.
The yard stay commenced 1 November and is planned for approximately 40 days.
The rig will thereafter re-commence the contract with Wintershall / Det Norske
Oljeselskap. The rig achieved an operating efficiency of 99% during the
operational part of the month.
Songa Trym achieved an operating efficiency of 100% during the month. The rig
continues to operate for Statoil in Norway.
Songa Eclipse completed its contractual upgrades and client operational
preparedness work and commenced mobilization to Angola on the 15th October.
8 November 2011
Limassol, Cyprus
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#1561928]
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