2013-03-01 08:44:22 -

Songa has entered into a contract extension and farm out agreement with Mubadala
Petroleum from the current contract with Petronas. The extension will cover a
total of four firm wells in Vietnam and Malaysia under the current contract
terms and conditions.  This extension will see the unit occupied until October
2013.  The extension has an aggregated revenue value of approximately USD 21
million.

Limassol, 1 March 2013

Questions should be directed to:
Geir Karlsen, CFO +47 23 01 14 24 / +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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Source: Songa Offshore SE via Thomson Reuters ONE
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