Songa Offshore SE : Songa Offshore SE : Work at Songa Trym completed

     Songa Offshore SE : Songa Offshore SE : Work at Songa Trym completed

Songa Offshore SE is pleased to announce that Songa Trym has now received its
AOC diploma and additional work and client acceptance testing ofSongaTrymis
now completed. As of today, Songa Trym will be on stand-by rate while Statoil
undertakes planned upgrade of the mud system. The rig will thereafter enter
into its 3+2 year contract with Statoil under direct Songa Offshore

Further information about the total cost for the yard stay, still expected to
be in the range previously reported, will be provided in connection with the
Q4 2012 results presentation.

With Songa Trym finally on contract, we are passing an important milestone.
All rigs are operational, three of them on long-term contracts with Statoil.
However, we are far from satisfied with the delays and cost overruns we have
had on both Songa Delta and Songa Trym. While a lot is down to unforeseeable
problems, there is no doubt that there is room for improvement on our part. We
will now thoroughly assess all aspects of the projects in order ensure that
this will not happen again, says chairman and interim CEO Jens A Wilhelmsen.

18 February 2013
Limassol, Cyprus

For further information, please contact:

Jens A Wilhelmsen, Chairman and CEO +357 9764 9126

Geir Karlsen, CFO +47 91 60 83 32

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.


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Reuters clients.

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information contained therein.

Source: Songa Offshore SE via Thomson Reuters ONE
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