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Songa Saturn relocation agreement

Thursday, Sep 09, 2010

Songa Offshore SE is pleased to announce that a paid relocation agreement has been entered into between Songa Offshore subsidiary Pegasus Invest Ltd and an un-named industry participant for potential business opportunities in Middle Americas.

The agreement covers a fully paid relocation of Songa Saturn from current location in Malta to Port of Spain, Trinidad.  The agreement does also include a return voyage plus compensation if said business opportunity fails to materialize.

 

Songa Saturn will be leaving Malta today. 

 

Limassol, 9 September 2010

  

Questions should be directed to:

Geir Karlsen, CFO +47 23 01 14 24 / +47 91 60 83 32

Tom Jebsen, Senior Vice President +47 23 01 14 31 / +47 90 74 79 97

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

 

Source: Songa Offshore

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