Songa Offshore delivers best operating result in three years

Norwegian-Cypriot Songa Offshore delivered a net result of USD 1.4 million following a major impairment in the first quarter of the year. A strong quarter, says CEO.
Photo: Songa Offshore
Photo: Songa Offshore

Offshore company Songa Offshore achieved a revenue of USD 154.7 million in the 1st quarter 2014, and the company presented an operating profit (EBITDA) of USD 65.3 million, according to the company's interim report, published Monday.

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