Songa Offshore SE : October fleet update

Songa Equinox achieved an operational efficiency of 100% and an earnings efficiency of 80% for the month, working for Statoil in Norway. Earnings efficiency excluding the effects of the strike was 100%.

Songa Endurance achieved an operational efficiency of 100% and an earnings efficiency of 80% for the month, working for Statoil in Norway. Earnings efficiency excluding the effects of the strike was 99%.

Songa Encourage achieved an operational efficiency of 100% and an earnings efficiency of 99% for the month, working for Statoil in Norway.

Songa Enabler achieved an operational efficiency of 100% and an earnings efficiency of 83% for the month, working for Statoil in Norway. Earnings efficiency excluding the effects of the strike was 100%.

Songa Delta achieved an operational efficiency of 100% and an earnings efficiency of 97% for the month, working for Statoil in Norway.

Songa Dee and Songa Trym are currently stacked, while marketed for new employment.

4 November 2016
Limassol, Cyprus

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Source: Songa Offshore SE via Globenewswire