Songa Offshore reports high operational efficiency in April

Songa Offshore, an international offshore drilling company, has announced its rig fleet update for April 2014.

Songa Venus achieved an operational efficiency of 100% and an earnings efficiency of 96% during the month working for Mubadala Petroleum in Malaysia. The rig went off contract on May 6, and will now be warm stacked in Labuan, Malaysia, where it will continue to pursue future work.

Songa Mercur achieved an operational efficiency of 100% and an earnings efficiency of 99% during the month working for Idemitsu in Vietnam.

Songa Trym achieved an operational efficiency of 100% and an earnings efficiency of 98% during the month working for Statoil in Norway.

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

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

Press Release, May 07, 2014

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