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2015-12-16

Songa Offshore SE : Delivery of Songa Encourage

Songa Offshore has today taken delivery of Songa Encourage - the third
Category D rig - from Daewoo Shipbuilding&Marine Engineering (DSME) in Korea.

"We are pleased to take delivery of Songa Encourage today the 16 December
2015. This is the third Category D rig we take delivery of in a series of
four rigs, all going on eight year contracts with Statoil in Norway. We are
now looking forward to see the rig commence drilling operations in Norway",
says CEO Bjørnar Iversen.

16 December 2015
Limassol, Cyprus

For further information, please contact:
Bjørnar Iversen, CEO (+357 996 49 152)

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Songa Offshore SE via Globenewswire

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