Songa Venus secures contract with Petronas

Songa Offshore SE (the "Company") is pleased to announce that the Company has
received a Letter Of Award (LOA) from Petronas Carigali SDN. BHD for the use of
Songa Venus for a 1 year firm plus 1 year option Drilling Contract.  The LOA is
conditional to mutual agreement of contract terms between the parties. The firm
part of the contract has an aggregated revenue value of approximately USD 82
million.  The contract commencement is estimated to August 2011.

Limassol, 7 July 2011
Questions should be directed to:
Geir Karlsen, CFO [phone] / [phone]
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.






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Source: Songa Offshore SE via Thomson Reuters ONE

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