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Published : July 06th, 2016

Songa Offshore SE : June fleet update

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Keywords : Cyprus | Norway |

	Songa Offshore SE : June fleet update

	Songa Dee achieved an operational efficiency of 100% and an earnings efficiency of 99% for the month, working for Statoil in Norway. Songa Delta achieved an operational efficiency of 100% and an earnings efficiency of 99% for the month, working for Statoil in Norway. The previously announced suspension for the rig is currently estimated to be from 20 July to 20 August 2016. Songa Trym is currently stacked, while marketed for new employment. Songa Equinox achieved an operational efficiency of 100% and an earnings efficiency of 100%, working for Statoil in Norway. Songa Endurance achieved an operational efficiency of 89% and an earnings efficiency of 89% for the month, working for Statoil in Norway. The rig performed four days of planned maintenance during the month. Songa Encourage achieved an operational efficiency of 100% and an earnings efficiency of 99% for the month. Songa Offshore took delivery of Songa Enabler on 31 March 2016. The rig arrived Norway 28 June, and is currently preparing for the Acknowledgement of Compliance (AoC) process and the client's Acceptance Test Program (ATP). 6 July, 2016 Limassol, Cyprus This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Data and Statistics for these countries : Cyprus | Norway | All

Gold and Silver Prices for these countries : Cyprus | Norway | All

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Statoil is a and oil producing company based in Norway.

Statoil is listed in Norway and in United States of America. Its market capitalisation is US$ 95.7 billions as of today (€ 83.8 billions).

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NYSE (STO)		OSLO (STL.OL)
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