We present two novel results for small damped oscillations described by the vector differential equation Mx¨+Cx˙+Kx=0, where the mass matrix M can be singular, but standard deflation techniques cannot be applied. The first result is a novel formula for the solution X of the Lyapunov equation ATX+XA=−I, where A=A(v) is obtained from M,C(v)∈Rn×n, and K∈Rn×n, which are the so-called mass, damping, and stiffness matrices, respectively, and rank(M)=n−1. Here, C(v) is positive semidefinite with rank(C(v))=1. Using the obtained formula, we propose a very efficient way to compute the optimal damping matrix. The second result was obtained for a different structure, where we assume that dim(N(M))≥1 and internal damping exists (usually a small percentage of the critical damping). For this structure, we introduce a novel linearization, i.e., a novel construction of the matrix A in the Lyapunov equation ATX+XA=−I, and a novel optimization process. The proposed optimization process computes the optimal damping C(v) that minimizes a function v↦trace(ZX) (where Z is a chosen symmetric positive semidefinite matrix) using the approximation function g(v)=cv+av+bv, for the trace function f(v)≐trace(ZX(v)). Both results are illustrated with several corresponding numerical examples.