The Oslo-listed player reported a quarterly net loss of $137.3 million, short of a $19 million profit forecast in a Reuters poll of analysts, compared with a negative $218.9 million a year earlier.
The full-year figure also improved to a loss of $117.4 million versus a $305.5 million reversal in 2012.
Songa’s quarterly earnings before interest, tax, depreciation and amortisation came in at $59.8