13.05.2013 08:45:00 CET

Songa Offshore SE : Bjørnar Iversen new CEO

Limassol, Cyprus, 13th May, 2013 --- Songa Offshore SE (OSE: SONG) has appointed Bjørnar Iversen as new CEO of Songa Offshore SE, effective as of June 1st. Iversen will relocate to Limassol and take up the position only weeks after he joined the company as president of Songa Rig AS.

Before signing with Songa in February this year, Bjørnar Iversen held a number of senior management positions and been member of the executive leadership team at Odfjell Drilling AS for the last 12 years. His latest position was President and CEO of Odfjell Galvao Ltda in Brazil. During his 17 year's tenure at Odfjell Drilling, he has been executive vice president for Corporate Business Development, Odfjell Drilling Technology and Odfjell Well Services.

Iversen holds a Master of Science in Business (siviløkonom) from the Norwegian School of Business and Economics (NHH), and various management courses from Harvard Business School.


For further information, please contact:

Chairman and interim CEO, Jens A Wilhelmsen, Tel+357 2520 7754 mobile +357 9764 9126

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)