Songa Offshore SE announced that a paid relocation agreement has been entered into between Songa Offshore subsidiary Pegasus Invest Ltd and an un-named industry participant for potential business opportunities in Middle Americas.
The agreement covers a fully paid relocation of Songa Saturn from current location in Malta to Port of Spain, Trinidad. The agreement does also include a return voyage plus compensation if said business opportunity fails to materialize.
Songa Saturn will be leaving Malta today.
Songa Offshore is an offshore drilling company operating 6 semi-submersible rigs and one drill ship.
With a highly experienced management team, Songa Offshore’s vision is to provide efficient, safe and reliable drilling services.
The company is headquartered in Limassol (Cyprus), and currently has operating offices in Oslo, Stavanger, Houston, Singapore, and Perth.
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Source: Songa Offshore, September 9, 2010: