Songa Offshore CFO resigns amid Transocean compulsory acquisition
Songa Offshore has announced the resignation of CFO Jan Rune Steinsland, effective 28 February. The news comes as Transocean initiates a compulsory acquisition of the remaining shares of Songa, following a previous announcement of a successful voluntary offer by Transocean for Songa.
Reference is made to previous announcements concerning the successful voluntary offer by Transocean Ltd. and Transocean Inc. ("Transocean") for the shares of Songa Offshore SE (the "Company"). Transocean has initiated a compulsory acquisition of the remaining shares of the Company.

Songa Offshore SE received the resignation of the Company`s Chief Financial Officer, Jan Rune Steinsland, effective 28 February 2018.

2 March 2018

Limassol, Cyprus



This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

