Songa Venus secures contract extension

Songa Venus secures contract extension

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.
Source: Songa Offshore SE
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