Looking for a specific product?

Make a search for products & suppliers, articles & news.

Tailor-made for heavy weather

The Songa Endurance rig has been designed specifically for the tough weather conditions in the North Sea. It is the second delivery in a series of four.

Facts

Export Credit Norway offers Norwegian and foreign companies competitive export financing when buying capital goods and services from Norwegian exporters.

The Songa Endurance rig

From South-Korea to Troll

In August, the rig company Songa Offshore took delivery of Songa Endurance from the Daewoo yard in South Korea. The rig is currently en route to the Troll Field in the North Sea to begin an eight-year contract with Statoil. Songa Endurance is a “Category D unit”, and has been designed especially for the Norwegian continental shelf. Its primary tasks will be the drilling of production wells and well completion.

The semi-submersible rig can drill year-round, and in rough weather. It is capable of operating at depths of between 100 and 500 metres, and can drill wells to a depth of 8,500 metres. Drilling operations are expected to start early in the new year.

Export financing

Export Credit Norway has contributed USD 132 million in financing for the rig, based on the involvement of Norwegian equipment suppliers such as MH Wirth, Kongsberg Maritime, Viking and Norsafe. The loan, which has a maturity of 10 years, has been guaranteed by GIEK and forms part of a larger loan syndication.


Related news

Latest news

DNV GL launches Battery XT, the world’s first testing-based verification tool for battery lifetime

As energy storage deployment reaches the gigawatt scale,

New transformer station for one of the world’s longest subsea power cables

The challenge is to have a system that is easily accessible.

Introducing SAL R1a Easy Tank

Innovation up to speed – Introducing SAL R1a Easy Tank.

Speed logs for 100 years

This is the story of the Consilium speed logs, helping you navigate for more than 100 years.

IAEA Mission says Research Reactor Operator in Norway is Committed to Safety

A team of eight reactor experts from the International Atomic Energy Agency (IAEA) has for one week undergone the safety of the JEEP II research reactor at Kjeller. The expert group concludes that IFE strongly emphasizes s...

New Research Center for Environment-friendly Energy

The new FME center is dedicated to development of materials, components and technology for use of batteries and hydrogen in zero emission transport systems. It will be a special focus on the maritime sector.

The Netherlands re-join the Halden Reactor Project

The Netherlands signed the Halden Agreement on December 1st and will formally become the 20th member country in the Halden Reactor Project (HRP) after the formal acceptance from the Halden Board during their Paris meeting ...

First phase of DNV GL led offshore cable and pipeline operations equipment joint industry project completed

The data analysed during phase 1 has identified and recorded various processes...

The end of the paper chase: DNV GL to roll out electronic certificates across entire fleet

Certificates are published on DNV GL’s customer portal immediately after an onboard survey is completed,