Songa Offshore SE: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Directors Deals Ltd.
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Songa Offshore SE Announces Delay for Songa Trym
Songa Offshore SE announced that due to unexpected mechanical failures to already overhauled, installed and certified equipment and late delivery of OEM equipment, the completion of the yard stay for Songa Trym will be further delayed. The work and acceptance testing is now anticipated to be completed during the second half of February. Until the work is completed, it is difficult to give an accurate figure regarding the cost implication of the delay, but the additional time, personnel and repair costs are expected to increase the costs. Once the additional work and client acceptance testing is completed, Statoil will undertake a planned project to upgrade the mud systems on the rig. This will take place at the current location at Stand-by rate and the rig will thereafter enter into its three + two-year contract with Statoil under direct Songa Offshore management.
Latest Developments for Songa Offshore SE
- Songa Offshore SE announces final result and settlement of mandatory offer by Perestroika AS
- Songa Offshore names Frederik W. Mohn new Chairperson
- Standard & Poor's downgrades Songa Offshore SE to D on debt restructuring-Dow Jones
- Moody's upgrades Songa Offshore SE's probability of default rating; affirms corporate family rating; stable outlook-Reuters
Latest Key Developments in Oil
- Standard and Poor's downgrades Boart Longyear Ltd's debt ratings
- Vantage Drilling Co gives Q1 2014 earnings guidance in line with analysts' estimates - Conference Call
- Ganger Rolf ASA proposes fiscal year 2013 dividend at 7 Norwegian crowns per share
- Ensco PLC gives Q1, FY 2014 guidance in line with analysts' estimates - Conference Call
- Share this
- Digg this