2013-02-18 10:37:49 -

Songa Offshore SE ("Songa" or the "Company") strengthens its rig
organisation
through the recruitment of Bjørnar Iversen as new president of Songa Rig AS.

Recent events have demonstrated the need for Songa to significantly strengthen
its management capabilities. The recruitment of Bjørnar Iversen will strengthen
our management capacity and - critically - allow us to be much more hands-on on
key projects and processes. This, in combination with the recent appointments of
new board directors with extensive financial and industry experience, will make
the organisation much more fit to face the challenges ahead, says interim CEO
and chairman of the board, Jens A Wilhelmsen.

Bjørnar Iversen will become president of Songa Rig AS, assuming overall
responsibility for Songa Rig AS's commercial relationship to Statoil on the
Norwegian Continental shelf. Rig operation and   Rig management will still be
delivered by Songa Management AS, led by Vidar Skjelbred.

The new president of Songa Rig AS, Bjørnar Iversen, has extensive industry
experience. Currently president and CEO of Odfjell Galvão Ltda in Brazil and
member of the executive leadership team at Odfjell Drilling AS, Iversen has held
a number of executive positions through his almost 16 year's tenure at Odfjell
Drilling. He has also been executive vice president for Business Development and
executive vice president for Odfjell Drilling Technology. Iversen has a Master
of Science in Business (siviløkonom) from the Norwegian School of Business and
Economics (NHH), and various management courses from Harvard Business School and
NHH.

- Bjørnar has exactly the qualities we are looking for in his new role. He
understands the industry and the business, he has extensive management
experience and - as an additional bonus - is very familiar with Statoil and of
constructing drilling units in South Korea, says Jens A Wilhelmsen.

Songa has built a unique relationship with Statoil and is assuming a leadership
position in the mid-deep water segment on the Norwegian Continental Shelf, says
Bjørnar Iversen. - Despite obvious challenges, I believe Songa with the new CAT-
D rigs is uniquely placed to become one of the flagship rig companies on the
NCS. I am very enthusiastic about getting the opportunity to play a key role in
building this.



18 February 2013

Limassol, Cyprus





For further information, please contact:

Jens A Wilhelmsen, Chairman and interim CEO  +357 9764 9126





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



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Source: Songa Offshore SE via Thomson Reuters ONE
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