Songa Offshore SE : Delivery of Songa Enabler

Songa Offshore has today taken delivery of Songa Enabler from Daewoo Shipbuilding & Marine Engineering (DSME) in Korea.

Songa Enabler will shortly depart South Korea en route to Norway for commencement of an eight-year drilling contract with Statoil, with the first assignment on the Snøhvit field. The transit will take place with tow-assist and the rig will arrive in Norway with all third party equipment installed and ready for the client's final acceptance testing. Commencement of drilling operations is expected to take place in third quarter 2016.

Songa Enabler is a sixth generation, high specification, harsh environment, fully winterized, midwater rig designed for efficient year around drilling, completion, testing and intervention operations in water depths up to 500 meters. The rig is certified DP3 and is equipped with a "state-of-the-art" drill-floor and an efficient layout with improved safety and working environment features.

Songa Enabler is the last rig in a series of four Category D rigs specifically built for and contracted to Statoil.

31 March 2016
Limassol, Cyprus

For further information, please contact:
Bjørnar Iversen, CEO ([phone])

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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Source: Songa Offshore SE via Globenewswire

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