neo November 13, 2017 No Comments

October 2017 _ SONGA Offshore: From the Ashes to the Fire

The Norwegian Business Association Cyprus (NBAC)  in collaboration with the Cyprus International Businesses Association (CIBA)held an event entitled “Songa Offshore from the ashes to the fire – A Cypriot Energy Service Company Success Story” with guest speaker, Mr. Bjørnar Iversen, the CEO of Songa Offshore SE. 

Mr. Iversen enlightened the esteemed audience, regarding the financial difficulties Songa Offshore, a Cypriot based oil rig company had encountered in 2012, its fight for survival through the ongoing oil crisis and how a successful merger with Transocean, an American oil rig company has stabilised and strengthened its position in the Floater market.

The event, which was sponsored by SONGA Offshore SE a prominent member company of both CIBA and NBAC, was highly attended by member companies and guests from both Associations. 

A cocktail reception and members networking followed the presentations.

More information and photos of the event can be found here.