Songa Offshore SE: August flleet update

* Reuters is not responsible for the content in this press release.

Fri Sep 3, 2010 11:13am EDT

Songa Venus achieved operating efficiency of 93% during the month; the rig completed its
work on the first and has now commenced work on well no 2 out of 3 firm wells for Shell
Development (Australia).

Songa Mercur achieved operating efficiency of 99% during the month; the rig continues to
operate outside Sakhalin Russia on a one well contract for Gazflot.

Songa Saturn remained warm stacked in Malta undergoing maintenance and operational
preparedness for future contracts. The rig has undergone dry docking, painting and 5
years hull classifications in Malta during the month and the Company continues to
actively market the rig. 

Songa Dee achieved operating efficiency of 99% during the month; the rig continues to
operate for Marathon / Lundin in Norway. The rig is scheduled to enter into a 30 day
yard stay at Westcon in Ølen, Norway during the first part of September. Work scope for
yard stay will mainly consist of repairs from earlier announced Far Grimshader collision
together with deck crane replacement and general maintenance taking place in parallel of
collision repair works.

Songa Delta has achieved operating efficiency of 100% during the month; the rig
continues to operate for Wintershall / Det Norske Oljeselskap in Norway.

Songa Trym has achieved operating efficiency of 98% during the month; the rig continues
to operate for Statoil in Norway. 

Songa Eclipse is under construction at Jurong Shipyard in Singapore. Helideck, Bridge
Control's and BOP handling crane installations have taken place during the month and
outfitting work continues, overall construction activities are progressing on schedule
and commissioning activity has started. 

Estimated delivery time remains at end of April 2011. The Company is actively marketing
the rig towards several specific contracts targeted for immediate start up after
commissioning and delivery.

Limassol, 3 September 2010

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

HUG#1442661

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