Cyprus: Songa Offshore Provides February Fleet Status Update

Cyprus: Songa Offshore Provides February Fleet Status Update

Songa Offshore, a Cyprus-based international offshore drilling company operating a fleet of 6 semi-submersible rigs with an additional 4 on order, provides fleet status update for February 2012.

Songa Venus achieved an operating efficiency of 100% during the month, the rig continues to operate for Petronas Carigali in Malaysia.

Songa Mercur achieved an operating efficiency of 100% during the month, the rig is operating for Petronas Carigali in Malaysia.

Songa Dee achieved operating efficiency of 93% during the month. The rig has just entered into CCB outside Bergen for 3 to 4 weeks to complete Statoil initiated upgrades. The rig will thereafter continue the 5 year contract on the Gullfaks field for Statoil.

Songa Delta achieved an operating efficiency of 100% during the month operating for Wintershall / Det Norske Oljeselskap.

Songa Trym achieved an operating efficiency of 100% during the month operating for Statoil at the Troll field.

Songa Eclipse is undergoing contractual acceptance testing in Angola. A leaking component in the BOP has caused delays and repairs are scheduled to be completed within 2-3 weeks. Last portion of acceptance testing will then resume and the rig will thereafter commence its one well plus 18 month contract with Total E&P Angola.

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Offshore Energy Today Staff, March 8, 2012; Image: Songa Offshore