Aug. 26 (Bloomberg) — Songa Offshore SE, a Cyprus-based offshore drilling contractor, slumped the most in six months in Oslo trading as delays in rig construction and a possible funding gap raised ...

"I am very pleased to announce that we have sold our two South East Asia drilling Units, Songa Mercur and Songa Venus, and established a JV with Opus Offshore Group based on our South East Asia ...

With reference to previous announcements concerning the offer by Transocean Ltd. and Transocean Inc. ("Transocean") for all shares of Songa Offshore SE ("Songa Offshore" or the "Company"), Transocean ...

Investors in Songa Offshore (SONG:OSLO) reacted positively today to comments made by interim CEO and Chairman of the Board, Jens A Wilhelmsen. Share prices were up over 5.5% to 6.32 NOK. “The results ...

Songa Offshore SE ("Songa Offshore" or the "Company") has today entered into an agreement with Opus Offshore Group ("Opus Offshore") for the sale of the Songa Mercur and Songa Venus (collectively the ...

OSLO (Reuters) - Transocean, one of the world's biggest drilling rig operators, has agreed to buy Norwegian competitor Songa Offshore for 9.1 billion crowns ($1.1 billion), the latest in a series of ...

Drilling rig operator Transocean has reached an agreement with Songa Offshore to acquire Songa for $1.7 billion in shares, bonds and cash. Transocean will also assume Songa's debts, an amount totaling ...

OSLO, Aug 26 (Reuters) - Drilling rig operator Songa Offshore may have to sell more assets to finance four new rigs under construction and faces a delay of up to six months before the new units arrive ...

Songa Offshore has been forced to demobilise its newbuild rig Songa Encourage from Statoil’s Heidrun field off Norway following a water leakage, according to a report. The so-called Category D ...

UK DRILLING contractor Abbot Group has expanded into the offshore mobile drilling rig market by agreeing to buy Norwegian rig owner and operator Songa Drilling for£247 million ($440 million). The deal ...

Norway-based Songa Bulk AS, an investment vehicle established to invest in dry bulk assets, has made an agreement to merge with company Axxis Geo Solutions (AGS).Per deal, Songa Bulk will assume the ...