Songa Offshore SE : Report for the second quarter 2015

Songa Offshore SE reports total revenue for the second quarter 2015 of USD 122 million and EBITDA of USD 60 million.

"We are very satisfied to see that our existing fleet continues to deliver high uptime, as well as safe and cost efficient operations.

We have made significant progress on the Cat D project over the quarter. Songa Equniox is en route to Norway, and Songa Endurance is scheduled for delivery next week. 91% of the total Cat D construction project is now completed, and the four Cat D rigs will all commence eight-year contracts with Statoil", says Songa Offshore CEO, Bjørnar Iversen.

Please see attached the Second Quarter 2015 Report.

21 August 2015
Limassol, Cyprus

Board of Directors
Songa Offshore SE

Questions should be directed to:
Bjørnar Iversen, CEO (+357 99649152)
Jan Rune Steinsland, CFO (+47 97052533)