Songa, from a young age, was a different type of child - the one who always wanted to create things out of nothing. Entrepreneurship can be an innate skill for some people, while others pick it up ...

At that time, Trond Christensen will take over as Songa's chief operating officer, the company said. Scott may continue his connection with Songa as he has been offered a place on the board.

The company currently has three newbuilds on order to renew its present fleet of five semi-submersibles - built between 1975 and 1989 - but chief executive Asbjorn Vavik is taking a cautious stance on ...